LGIH News and Press, LGI Homes Inc. From 02/23/22

VANCOUVER, Wash., Feb. 23, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ:LGIH) today announced the grand opening of Tenny Creek , a new community located 15 miles north of Portland in Vancouver, Wash., where the builder will construct 50 upscale townhomes. Tenny Creek is situated on ...

BIRMINGHAM, Ala., Feb. 21, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of Hunter’s Point at Innsbrooke , its newest community in the Birmingham market. Perfectly positioned in Pinson, Alabama, this community offers new construction, sin...

BAKERSFIELD, Calif., Feb. 17, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of its second community in the Bakersfield, California market, Morningstar Ranch . This new community is located in a premier location and offers a variety of sing...

LGI Homes, Inc. (LGIH) Q4 2021 Earnings Conference Call February 15, 2022, 12:30 PM ET Company Participants Joshua Fattor - Vice President, Investor Relations Eric Lipar - Chairman and Chief Executive Officer Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants...

Image source: The Motley Fool. LGI Homes (NASDAQ: LGIH) Q4 2021 Earnings Call Feb 15, 2022 , 12:30 p.m. ET Operator Continue reading For further details see: LGI Homes (LGIH) Q4 2021 Earnings Call Transcript

LGI Homes (LGIH +5.0%) reported a drop of 18.4% in net income to $111.3M or $4.61 basic EPS and $4.53 diluted EPS; net income before taxes narrowed 13.9% to $143.4M. Home sales revenues decreased 10.7% to $801.1M while home closed decreased 25.9% to 2,526 homes; average sales price ...

LGI Homes (NASDAQ:LGIH) board increased the repurchase of shares by $200M. During Q4, the company repurchased 378,525 shares for $56.1M taking the remaining authorization under its existing program to $106.6M as of Dec.31, 2021. With the Board’s approval increases the total amount...

LGI Homes press release (NASDAQ:LGIH): Q4 GAAP EPS of $4.53 beats by $0.20. Revenue of $801.07M (-10.7% Y/Y) beats by $43M. Gross margin as a percentage of homes sales revenues decreased 70 basis points to 26.4% Adjusted gross margin as a percentage of home sales revenues decreased 120 basis ...

THE WOODLANDS, Texas, Feb. 15, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the fourth quarter and year ended December 31, 2021. Fourth Quarter 2021 Highlights and Comparisons to Fourth Quarter 2020 Net income decreas...

LGI Homes (NASDAQ:LGIH) is scheduled to announce Q4 earnings results on Tuesday, February 15th, before market open. The consensus EPS Estimate is $4.20 (-18.9% Y/Y) and the consensus Revenue Estimate is $758.07M (-15.5% Y/Y). Over the last 2 years, LGIH has beaten EPS estimates 75% of the tim...