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“While mortgage rates fell after several weeks on the rise, we expect future upticks due to stronger economic data and as the Federal Reserve pulls back on its stimulus,” said Sam Khater, Freddie Mac’s Chief Economist. 30-year fixed-rate mortgage averaged 3.09% with an av...
THE WOODLANDS, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home...
Image source: The Motley Fool. LGI Homes (NASDAQ: LGIH) Q3 2021 Earnings Call Nov 02, 2021 , 12:30 p.m. ET Operator Continue reading For further details see: LGI Homes (LGIH) Q3 2021 Earnings Call Transcript
LGI Homes, Inc. (LGIH) Q3 2021 Earnings Conference Call November 2, 2021 12:30 ET Company Participants Josh Fattor - Vice President, Investor Relations Eric Lipar - Chairman and Chief Executive Officer Charles Merdian - Chief Financial Officer and Treasurer Conference Call Participants Jay Mc...
Homebuilder LGI Homes (NASDAQ:LGIH) shares decline 6.5% even after beating Q3 earnings and revenue consensus estimates. However, continued high absorptions and supply chain impact to development timing made the company guide lower on the number of active communities to 100 - 105 for...
LGI Homes (NASDAQ:LGIH): Q3 Non-GAAP EPS of $4.05 beats by $0.04; GAAP EPS of $4.05 beats by $0.10. Revenue of $751.6M (+40.7% Y/Y) beats by $19.62M. Press Release For further details see: LGI Homes EPS beats by $0.04, beats on revenue
THE WOODLANDS, Texas, Nov. 02, 2021 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced financial results for the third quarter and nine months ended September 30, 2021. Third Quarter 2021 Highlights and Comparisons to Third Quarter 2020 Net Income increas...
LGI Homes (NASDAQ:LGIH) is scheduled to announce Q3 earnings results on Tuesday, November 2nd, before market open. The consensus EPS Estimate is $4.01 (+63.7% Y/Y) and the consensus Revenue Estimate is $731.98M (+37.0% Y/Y). Over the last 2 years, LGIH has beaten EPS estimates 75% of the time...
We're at the halfway point of another newsworthy real estate earnings season with roughly 75 REITs reporting third quarter results. We discuss the highlights and major developments thus far. Consistent with the trends seen across the broader equity market, REIT earnings have generally...
"The yield on the 10-year Treasury note has been trending up due to the decline in new COVID cases, increasing consumer optimism, as well as broadening inflation and persistent shortages," chief economist Sam Khater commented. 30-year fixed-rate mortgage averaged 3.14% for the week ending Oct...
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THE WOODLANDS, Texas, July 03, 2024 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 571 homes in June 2024. In addition, the Company announced quarterly home closings of 1,655 during the second quarter of 2024. As of June 30, 2024, the Company had 128 active sel...
THE WOODLANDS, Texas, June 25, 2024 (GLOBE NEWSWIRE) -- For the second year in a row, LGI Homes, Inc. (NASDAQ:LGHI) has been recognized as one of the Best Companies to Work For according to U.S. News & World Report , the global authority in rankings and consumer advice. Based on a...