Edition:
India

LGI Homes Inc (LGIH.OQ)

LGIH.OQ on NASDAQ Stock Exchange Global Select Market

67.39USD
22 Nov 2017
Change (% chg)

$-0.34 (-0.50%)
Prev Close
$67.73
Open
$67.76
Day's High
$67.83
Day's Low
$66.43
Volume
98,194
Avg. Vol
111,687
52-wk High
$67.85
52-wk Low
$26.83

Latest Key Developments (Source: Significant Developments)

LGI Homes reports Q3 earnings per share $1.40
Tuesday, 7 Nov 2017 

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
Saturday, 4 Nov 2017 

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 enters into that certain second amended and restated credit agreement
Saturday, 27 May 2017 

May 26 (Reuters) - Lgi Homes Inc :LGI Homes says on May 25 co entered into that certain second amended and restated credit agreement dated as of May 25, 2017 - SEC filing.Revolving credit facility matures on May 31, 2020.Initial interest rate under credit agreement is LIBOR (one month) plus 3.15 pct.Credit agreement provides for $600.0 million revolving credit facility, which can be increased by request of company up to $650.0 million.  Full Article

LGI Homes Q2 earnings per share $0.96
Tuesday, 9 Aug 2016 

Lgi Homes Inc : LGI Homes Inc reports record setting second quarter and YTD 2016 results and increases EPS guidance . Q2 earnings per share $0.96 . Q2 earnings per share view $0.87 -- Thomson Reuters I/B/E/S . Q2 revenue $222.7 million versus I/B/E/S view $219.5 million . Q2 home sales revenues increased 40.2 percent to $222.7 million . Raises full-year 2016 earnings per share view to $3.20 to $3.70 . Sees 2016 gross margin as a percentage of home sales revenues in range of 25.2 percent and 27.2 percent . Sees 2016 adjusted gross margin (non-GAAP) as a percentage of home sales revenues in range of 26.5 percent and 28.5 percent . Believes it will have between 62 and 67 active selling communities at end of 2016, close between 4,000 and 4,300 homes in 2016 .Believes average home sales price in 2016 will be between $195,000 and $205,000.  Full Article

LGI Homes says 355 homes closed in June 2016
Thursday, 7 Jul 2016 

LGI Homes Inc :Says 355 homes closed in June 2016, up from 331 home closings in June 2015.  Full Article

LGI Homes entered amended credit agreement
Friday, 3 Jun 2016 

LGI Homes Inc : Credit agreement provides for $360.0 million revolving credit facility, which can be increased by request of co up to $400.0 million - SEC filing . On May 27, 2016, co entered into amended, restated credit agreement dated as of May 27, 2016 with several financial institutions .Revolving credit facility matures on May 27, 2019.  Full Article

LGI Homes Q1 earnings per share $0.57
Tuesday, 10 May 2016 

Lgi Homes Inc : Qtrly home closings increased 25.8% to 844 homes . Lgi homes, inc. Reports first quarter 2016 results . Q1 earnings per share $0.57 . Q1 earnings per share view $0.52 -- Thomson Reuters I/B/E/S .Q1 revenue rose 34.6 percent to $162.5 million.  Full Article

LGI Homes Inc gives FY 2016 EPS guidance
Wednesday, 9 Mar 2016 

LGI Homes Inc:Expects to generate basic EPS between $3.00 and $3.50 per share during FY 2016.  Full Article

BRIEF-LGI Homes reports Q3 earnings per share $1.40

* LGI Homes, Inc. reports record setting third quarter and ytd 2017 results and increases 2017 guidance