LGI Homes (NASDAQ: LGIH) has announced that it will be releasing its financial results for the third quarter of 2024 on Tuesday 5th November 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company's performance during this period.
According to the predictions of financial experts on Wall Street, the organization is expected to announce an anticipated $2.54 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $646.46 million for the period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $2.84. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $617.54 million during that specific period.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $2.43 billion. Additionally, they are expecting the company to report profit of $8.84 per share for the full year 2024.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.48 | +10.2% | 602.50 M | -6.6% |
| Q1 2024 | $0.72 | -36.8% | 390.85 M | -19.8% |
| Q4 2023 | $2.19 | +51.0% | 608.41 M | +24.6% |
| Q3 2023 | $2.84 | -26.2% | 617.54 M | +12.9% |
| Q2 2023 | $2.25 | -56.7% | 645.27 M | -10.8% |
| *Growth on year-over-year basis | ||||
LGIH will host a conference call with investment community on 5th November 2024 at 12:30 PM eastern time to discuss the financial results.
Friday's trading saw LGI Homes (LGIH) shares hit a low of $102.06 and a high of $105.28, with a day volume of 184.10 thousand shares. The stock closed the regular trading session at $102.52, reflecting 0.95 percent upturn.
