• LGI Homes Inc LGIH.OQ reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of five analysts for the quarter was for earnings of 63 cents per share. Wall Street expected results to range from 46 cents to 86 cents per share.

• Revenue fell 10.1% to $351.42 million from a year ago; analysts expected $366.45 million.

• LGI Homes Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $3.99 million.

• LGI Homes Inc shares had fallen by 10.9% this quarter and lost 33.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 51.9% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is also "hold"

• Wall Street's median 12-month price target for LGI Homes Inc is $115.00

This summary was machine generated from LSEG data April 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)