LGI Homes Stock News

LGI Homes press release (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…

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.

LGI Homes (LGIH) delivered earnings and revenue surprises of -1.95% and 4.50%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Companies Reporting Before The Bell • FirstService (NASDAQ: FSV ) is estimated to report quarterly earnings at $1.31 per share on revenue of $1.07 billion. • Fidelity National Info (NYSE: FIS ) is likely to report quarterly earnings at $1.90 per share on revenue of $3.71 billion. • Asbury Automotive Group (NYSE: ABG ) is likely to report quarterly earnings at $6.05 per share on revenue of $2.48 billion. • Euroseas (NASDAQ: ESEA ) is projected to report quarterly earnings at $3.23 per share on revenue of $37.40 million. • LGI Homes (NASDAQ: LGIH ) is estimated to report quarterly earnings at $4.20 per share on revenue of $758.08 million. • TC Energy (NYSE: TRP ) is expected to report quarterly earnings at $0.83 per share on revenue of $2.80 billion. • Palatin Technologies (AMEX: PTN ) is expected to report quarterly loss at $0.03 per share on revenue of $240.00 thousand. • Kornit Digital (NASDAQ: KRNT ) is estimated to report quarterly earnings at $0.24 per share on revenue of $89.77 million.

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…

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THE WOODLANDS, Texas, Feb. 04, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH ) today announced it closed 442 homes in January 2022. As of January 31, 2022, the Company had 90 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of Full story available on Benzinga.com

One of our experts explains why he likes homebuilders' stocks.

As US Homebuilders Crash, China Property Developers Set To Surge As PBOC Sends "Clear Easing Signal" Over the weekend, we said that as a major divergence has emerged between China and the US, where the former is now actively easing - ostensibly to support the country''s reeling property market but also to prevent a complete collapse in GDP, by cutting rates and injecting gobs of new credit - and the former is about to undertake a major tightening cycle, a trade has emerged to capitalize on this divergence whereby one should pair trade a long in beaten down Chinese property developers while shorting US homebuilders ... this trade is starting to outperform, with US homebuilders tumbling on Tuesday with some builders sinking by the most since May, amid fears of a slowdown in the property market due to higher years. The S&P Supercomposite Homebuilding Index plunged by as much as 5.2% with all members are trading lower on Tuesday. KB Home was down as much as 8.5% for its biggest intraday decline since May 2021, LGI Homes down by as much as 7.8%, Meritage Homes lower by as much as 6.4% for its worst intraday decline since May 2021, and Lennar sliding as much as 6.3% to also notch its sharpest decline since May.

Over the past year, LGI Homes has soared close to 38% beating the S&P 500 at 25.80%.

LGI Homes (LGIH) announces it closed 1,004 homes in December, a total of 2,526 home closings in Q4 and a record 10,442 home closings for the full year 2021, an increase of 11.8% Y/Y

THE WOODLANDS, Texas, Jan. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 1,004 homes in December, a total of 2,526 home closings in the fourth quarter and a record 10,442 home closings for the full year 2021.

THE WOODLANDS, Texas, Jan. 05, 2022 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 1,004 homes in December, a total of 2,526 home closings in the fourth quarter and a rec