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LGI Homes Inc (LGIH.OQ)

LGIH.OQ on NASDAQ Stock Exchange Global Select Market

50.47USD
24 Sep 2018
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Latest Key Developments (Source: Significant Developments)

LGI Homes, Inc. Announces Private Offering Of $400 Million Of Unsecured Senior Notes
Thursday, 21 Jun 2018 03:00pm EDT 

June 21 (Reuters) - LGI Homes Inc ::LGI HOMES, INC. ANNOUNCES PRIVATE OFFERING OF $400 MILLION OF UNSECURED SENIOR NOTES.LGI HOMES INC - LGI HOMES INTENDS TO USE NET PROCEEDS FROM OFFERING TO REPAY A PORTION OF BORROWINGS UNDER ITS REVOLVING CREDIT FACILITY.LGI HOMES INC - COMMENCED A PRIVATE OFFERING OF $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF UNSECURED SENIOR NOTES DUE 2026.  Full Article

LGI Homes Reports Q1 Earnings Per Share Of $1.10
Tuesday, 8 May 2018 07:00am EDT 

May 8 (Reuters) - LGI Homes Inc ::LGI HOMES, INC. REPORTS FIRST QUARTER 2018 RESULTS.Q1 EARNINGS PER SHARE $1.10.Q1 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $6.00 TO $7.00.QTRLY HOME SALES REVENUES INCREASED 71.3% TO $279.0 MILLION.MAINTAIN OUR POSITIVE OUTLOOK ON REMAINDER OF 2018 AND REAFFIRM OUR GUIDANCE.HOME CLOSINGS DURING Q1 OF 2018 INCREASED 63.5% TO 1,244.BELIEVES THAT AVERAGE HOME SALES PRICE IN 2018 WILL BE BETWEEN $220,000 AND $230,000.FY2018 EARNINGS PER SHARE VIEW $6.21 -- THOMSON REUTERS I/B/E/S.  Full Article

LGI Homes Reports Q4 EPS Of $1.43
Tuesday, 27 Feb 2018 07:00am EST 

Feb 27 (Reuters) - LGI Homes Inc ::LGI HOMES, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS AND RELEASES 2018 GUIDANCE.Q4 EARNINGS PER SHARE $1.43.SEES FY 2018 EARNINGS PER SHARE $6.00 TO $7.00.Q4 REVENUE ROSE 71 PERCENT TO $405 MILLION.SEES BASIC EPS BETWEEN $6.00 AND $7.00 PER SHARE DURING 2018.BELIEVES 2018 GROSS MARGIN AS A PERCENTAGE OF HOME SALES REVENUES WILL BE IN THE RANGE OF 24.0% AND 26.0%.SEES 2018 ADJUSTED GROSS MARGIN (NON-GAAP) AS A PERCENTAGE OF HOME SALES REVENUES WILL BE IN RANGE OF 25.5% AND 27.5%.HOME CLOSINGS DURING THE FOURTH QUARTER OF 2017 INCREASED 61.9% TO 1,844 FROM 1,139 DURING THE FOURTH QUARTER OF 2016.  Full Article

LGI Homes Reports ‍Home Closings Of 1,844 In Q4 2017 Vs 1,139 In Q4 2016
Thursday, 4 Jan 2018 08:06pm EST 

Jan 4 (Reuters) - Lgi Homes Inc ::LGI HOMES, INC. ANNOUNCES RECORD DECEMBER, 4TH QUARTER, AND YEAR END 2017 HOME CLOSINGS AND 2017 YEAR END EARNINGS CONFERENCE CALL.‍HOME CLOSINGS OF 1,844 DURING Q4 OF 2017 COMPARED TO 1,139 HOME CLOSINGS IN Q4 OF 2016​.‍CONTINUES TO SEE ROBUST DEMAND FOR HOMEOWNERSHIP IN ITS MARKETS AND UPHOLDS POSITIVE OUTLOOK FOR 2018​.  Full Article

LGI Homes reports Q3 earnings per share $1.40
Tuesday, 7 Nov 2017 07:00am EST 

Nov 7 (Reuters) - LGI Homes Inc :LGI Homes, Inc. reports record setting third quarter and ytd 2017 results and increases 2017 guidance.Q3 earnings per share $1.40.Q3 earnings per share view $1.33 -- Thomson Reuters I/B/E/S.Sees FY 2017 earnings per share $4.75 to $5.15.Q3 revenue $365.9 million versus I/B/E/S view $363.4 million.LGI Homes Inc - Qtrly ‍ending backlog increased 70.9% to 1,328 units​.LGI Homes Inc - Qtrly ‍home closings increased 64.4% to 1,729 homes​.LGI Homes Inc - Expects to ‍close more than 5,400 homes in 2017​.LGI Homes Inc - Sees ‍2017 gross margin as a percentage of home sales revenues to be in range of 25.0% and 27.0%​.LGI Homes Inc - Sees ‍2017 adjusted gross margin (non-GAAP) as a percentage of home sales revenues to be in range of 26.5% and 28.5%​.FY2017 earnings per share view $4.41 -- Thomson Reuters I/B/E/S.  Full Article

LGI Homes says 531 homes closed in October 2017
Friday, 3 Nov 2017 06:01pm EDT 

Nov 3 (Reuters) - Lgi Homes Inc :LGI Homes, Inc. reports October 2017 home closings.LGI Homes Inc - ‍as of end of October 2017, company had 79 active selling communities​.LGI Homes Inc - ‍announced 531 homes closed in October 2017, up from 351 home closings in October 2016, representing year-over-year growth of 51.3%​.  Full Article

LGI Homes closed 596 homes in August 2017
Wednesday, 6 Sep 2017 08:05pm EDT 

Sept 6 (Reuters) - LGI Homes Inc -:596 homes closed in August 2017, up from 383 home closings in August 2016.In addition, LGI announced damage to its communities from Hurricane Harvey has been minimal and, all of its employees are safe.LGI Homes Inc says as of end of August 2017, company had 76 active selling communities.Ended first eight months of 2017 with 3,459 home closings, up 30.0 pct from 2,661 home closings during first eight months of 2016.Do not anticipate further interruptions in business as a result of harvey.That damage to its communities from Hurricane Harvey has been minimal.  Full Article

LGI Homes Q2 EPS $1.39
Tuesday, 8 Aug 2017 07:00am EDT 

Aug 8 (Reuters) - LGI Homes Inc ::LGI Homes, Inc. Reports record setting second quarter and YTD 2017 results and increases EPS guidance.Q2 earnings per share $1.39.Q2 earnings per share view $1.26 -- Thomson Reuters I/B/E/S.Raises fy 2017 earnings per share view to $4.25 to $4.75.Q2 revenue $324.2 million versus I/B/E/S view $317.6 million.LGI Homes Inc quarter ending backlog increased 74.2% to 1,545 units.LGI Homes Inc qtrly average home sales price increased 8.7% to $214,545.LGI Homes Inc qtrly home closings increased 34.0% to 1,511 homes.LGI Homes Inc says believes it will have between 75 and 80 active selling communities at end of 2017, close more than 5,000 homes in 2017.LGI Homes Inc says company also believes that average home sales price in 2017 will be between $210,000 and $220,000.  Full Article

LGI Homes reports home closings for May 2017​
Monday, 5 Jun 2017 06:18pm EDT 

June 5 (Reuters) - LGI Homes Inc ::LGI Homes Inc- ‍home closings for may 2017 totaled 523, up from 432 homes closed in may 2016, representing year-over-year growth of 21.1 pct​.LGI Homes Inc- ‍as of end of may 2017, company had 72 active selling communities​.  Full Article

LGI Homes Inc announced 365 homes closed in March 2017
Wednesday, 5 Apr 2017 09:28pm EDT 

LGI Homes Inc : LGI Homes Inc reports march and first quarter 2017 home closings . LGI Homes Inc - announced 365 homes closed in March 2017, compared to 367 home closings in March 2016 . In addition, company announced quarterly closings of 761 for Q1 of 2017, compared to 844 home closings during Q1 of 2016 .Believe we are on track to close more than 4,700 homes in 2017.  Full Article

BRIEF-LGI Homes Reports Q1 Earnings Per Share Of $1.10

* Q1 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S