March 7, 2017 / 12:26 PM / 5 months ago

BRIEF-LGI Homes Inc Q4 earnings per share $1.01

March 7 (Reuters) - Lgi Homes Inc

* Home closings during Q4 of 2016 increased 20.4% to 1,139 from 946 during Q4 of 2015

* LGI Homes Inc reports fourth quarter and full year 2016 results and releases 2017 guidance

* Q4 earnings per share $1.01

* Q4 earnings per share view $0.94 -- Thomson Reuters I/B/E/S

* Sees FY 2017 earnings per share $4.00 to $4.50

* Q4 revenue $236.8 million versus I/B/E/S view $235.9 million

* Believes 2017 gross margin as a percentage of home sales revenues will be in range of 25.0% and 27.0%

* LGI Homes says sees 2017 adjusted gross margin (non-GAAP) as percentage of home sales revenues similar to previous years in range of 26.5% and 28.5%

* FY2017 earnings per share view $3.74 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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