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LGIH

LGI Homes Inc

$106.33

Earnings Summary

Revenue
$723.07Mn
Net Profits
$123.38Mn
Net Profit Margins
17.06%
PE Ratio
6.54

Highlights

Revenue:

LGI Homes Inc’s revenue fell -8.65% since last year same period to $723.07Mn in the Q2 2022. On a quarterly growth basis, LGI Homes Inc has generated 32.42% jump in its revenue since last 3-months.

Net Profits:

LGI Homes Inc’s net profit jumped 4.44% since last year same period to $123.38Mn in the Q2 2022. On a quarterly growth basis, LGI Homes Inc has generated 56.8% jump in its net profits since last 3-months.

Net Profit Margins:

LGI Homes Inc’s net profit margin jumped 14.32% since last year same period to 17.06% in the Q2 2022. On a quarterly growth basis, LGI Homes Inc has generated 18.41% jump in its net profit margins since last 3-months.

PE Ratio:

LGI Homes Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 6.54.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the LGI Homes Inc post its latest quarter earnings

EPS Estimate Current Quarter
5.03
EPS Estimate Current Year
5.03

Highlights

EPS Estimate Current Quarter:

LGI Homes Inc’s earning per share (EPS) estimates for the current quarter stand at 5.03 - a 17.25% jump from last quarter’s estimates.

EPS Estimate Current Year:

LGI Homes Inc’s earning per share (EPS) estimates for the current year stand at 5.03.

Key Ratios

Key ratios of the LGI Homes Inc post its Q2 2022 earnings

Earning Per Share (EPS)
5.2
Return on Assets (ROA)
0.14
Return on Equity (ROE)
0.3
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

LGI Homes Inc’s earning per share (EPS) jumped 10.4% since last year same period to 5.2 in the Q2 2022. This indicates that the LGI Homes Inc has generated 10.4% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. LGI Homes Inc’s return on assets (ROA) stands at 0.14.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. LGI Homes Inc’s return on equity (ROE) stands at 0.3.

Dividend Per Share (DPS):

LGI Homes Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-03
2.72
3.25
19.49%
2022-08-02
4.29
5.2
21.21%

Company Information

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia and Pennsylvania. Since 2018, LGI Homes has been ranked as the 10th largest residential builder in the United States based on units closed. The Company has a notable legacy of more than 17 years of homebuilding operations, over which time it has closed more than 45,000 homes.

Organisation
LGI Homes Inc
Headquarters
The Woodlands, Texas, US
Employees
938
Industry
Homebuilding
CEO
Eric Lipar