LGIH - LGI Homes GAAP EPS of $3.85 beats by $0.57 revenue of $547.07M misses by $41.25M
- LGI Homes press release ( NASDAQ: LGIH ): Q3 GAAP EPS of $3.85 beats by $0.57 .
- Revenue of $547.07M (-27.2% Y/Y) misses by $41.25M .
- FY2022 Outlook : Home closings between 6,700 and 7,100; Active selling communities at the end of 2022 between 95 and 100; Average sales price per home closed between $340,000 and $350,000; Gross margin as a percentage of home sales revenues between 27.7% and 28.7%; Adjusted gross margin (non-GAAP) as a percentage of home sales revenues between 29.0% and 30.0%; SG&A as a percentage of home sales revenues between 11.0% and 12.0%; Effective tax rate between 21.0% and 22.0%.
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LGI Homes GAAP EPS of $3.85 beats by $0.57, revenue of $547.07M misses by $41.25M