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LGIH - LGI Homes EPS beats by $0.80 beats on revenue
LGI Homes Inc.
LGI Homes (NASDAQ:LGIH): Q2 Non-GAAP EPS of $4.71 beats by $0.80; GAAP EPS of $4.71 beats by $0.63. Revenue of $791.5M (+64.3% Y/Y) beats by $20.86M. Home Closings increased 42.4% to 2,856 homes Average Sales Price Per Home Closed increased 15.4% to $277,140 Active Selling Communities at June 30, 2021 decreased 9.4% to 106 Ending Backlog of 4,801 homes at June 30, 2021, an increase of 125.7% Ending Backlog Value of $1.4 billion at June 30, 2021, an increase of 157.1% Press Release