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Legacy Housing Corp. shares gained 2.8%, outperforming the S&P 500's -7.4% decline, driven by unlocking 'hidden' assets and improved financial performance. Despite a 2.6% revenue decline in 2024, Q4 revenue surged 60.7% Y/Y, breaking a seven-quarter negative growth streak, with EPS beating estimates. The lending business expanded significantly, contributing over 20% to revenue, while net income margins rose to 33.5%, far above the sector median.
Legacy Housing Corporation (NASDAQ:LEGH ) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Duncan Bates - President & CEO Max Africk - General Counsel Jeffrey Fiedelman - CFO Conference Call Participants Mark Smith - Lake Street Daniel Moore - CJS Securities Operator Hello, everyone, and welcome to the Legacy Housing Corporation Full Year 2024 Earnings Call. At this time, all participants are in a listen-only mode.
BEDFORD, Texas, March 12, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (the "Company” or “Legacy", NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2024.
BEDFORD, Texas, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the full year ended December 31, 2024, after markets close on Wednesday, March 12, 2025. The Company will then host a conference call at 10:00 a.m. Central Time on Thursday, March 13, 2025.
Legacy Housing Corporation, a top manufacturer of tiny homes, faces fluctuating financial performance but remains attractive due to low debt and strong profit margins. Despite recent revenue and unit sales declines, the company's homes are significantly cheaper, appealing to buyers with annual incomes under $75,000. With interest in tiny homes remaining elevated and potential benefits from future interest rate declines, Legacy Housing is rated a soft 'buy'.
Legacy Housing Corporation (NASDAQ:LEGH ) Q2 2024 Earnings Conference Call August 9, 2024 11:00 AM ET Company Participants Duncan Bates - President & Chief Executive Officer Max Africk - General Counsel Jeffrey Fiedelman - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities. Mark Smith - Lake Street Jay McCanless - Wedbush George Melas-Kyriazi - MKH Management Alex Rygiel - B.
Although the revenue and EPS for Legacy Housing (LEGH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Legacy Housing (LEGH) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.60 per share a year ago.
BEDFORD, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company,” NASDAQ: LEGH) today announced its financial results for the second quarter ended June 30, 2024.
BEDFORD, Texas, July 16, 2024 (GLOBE NEWSWIRE) -- Legacy Housing Corporation (“Legacy” or the “Company”, NASDAQ: LEGH) will release its financial results for the second quarter ended June 30, 2024, after markets close on Thursday, August 8, 2024. The Company will then host a conference call at 10:00 a.m. Central Time on Friday, August 9, 2024.