LGI Homes, Inc. (LGIH)
LGI Homes, Inc. is a homebuilder primarily focused on the design and construction of affordable, move-in ready homes across the United States. Founded in 2002, the company emphasizes offering quality homes in growing markets, targeting first-time buyers and entry-level homeowners. LGI Homes manages the entire process from land acquisition to construction and sales, aiming to streamline operations and deliver value to customers.
Company News
Terrata Homes is launching a boutique neighborhood called Stables at Cary Forest in Bryceville, Florida, featuring ten exclusive homesites with modern designs ranging from 1,693 to 2,937 square feet, starting in the high-$400s.
LGI Homes reported Q2 2025 earnings that beat analyst expectations but showed significant year-over-year declines, with reduced home closings, lower revenues, and withdrawn full-year guidance due to market uncertainties.
Macy's received an increased acquisition offer, Ascendis Pharma signed a distribution agreement, and Ericsson recorded an impairment charge. These companies are in focus ahead of Friday's trading.
While the top- and bottom-line numbers for LGI Homes (LGIH) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
