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LGI Homes, Inc. (NASDAQ:LGIH ) Q3 2023 Earnings Conference Call October 31, 2023 12:30 PM ET Company Participants Joshua Fattor - Vice President of Investor Relations & Capital Markets Eric Lipar - Chairman of the Board & Chief Executive Officer Charles Merdian - Chief Financial Officer & Treasurer Conference Call Participants Andrew Azzi - JPMorgan Truman Patterson - Wolfe Ken Zener - Seaport Research Carl Reichardt - BTIG Jay McCanless - Wedbush Operator Welcome to LGI Homes Third Quarter 2023 Conference Call. Today's call is being recorded and a replay will be available on the company's website at www.lgihomes.com.

LGI Homes (LGIH) came out with quarterly earnings of $2.84 per share, beating the Zacks Consensus Estimate of $1.96 per share. This compares to earnings of $3.85 per share a year ago.

LGI Homes (LGIH) introduces a new four-home community with spacious one- and two-story floor plans in Yukon, OK. The prices start in the $270s with move-in ready, upgraded homes available now.

THE WOODLANDS, Texas, Oct. 04, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 540 homes in September 2023, and a total of 1,751 homes closed during the third quarter of 2023, a 13.2% increase over the third quarter of 2022. As of September 30, 2023, the Company had 106 active selling communities.

LGI Homes, Inc. (NASDAQ:LGIH ) Q2 2023 Results Conference Call August 1, 2023 12:30 PM ET Company Participants Josh Fattor - VP, IR Eric Lipar - Chairman, CEO Charles Merdian - CFO, Treasurer Conference Call Participants Alex Barron - Housing Research Center Andrew Azzi - JP Morgan Jay McCanless - Wedbush Truman Patterson - Wolfe Research Operator Welcome to LGI Homes Second Quarter 2023 Conference Call. Today's call is being recorded, and a replay will be available on the company's website at www.lgihomes.com.

Although the revenue and EPS for LGI Homes (LGIH) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Today, we take a deeper look at LGI Homes, whose stock is up by a third in 2023 despite mortgage rates rising to nearly seven percent. However, profits are poised to fall sharply in 2023, analysts are not sanguine on the company's prospects, and insiders took considerable profits in February at lower prices. Time to cash out of this well-run homebuilder? An investment analysis follows in the paragraphs below.

THE WOODLANDS, Texas, July 06, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 664 homes in June 2023. In addition, the Company announced quarterly home closings of 1,854 during the second quarter of 2023.

LGI Homes (LGIH) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $3.25 per share a year ago.