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. Riley Securities Operator Good day, and thank you for standing by. Welcome to the Legacy Housing Corp. ...

For the quarter ended June 2024, Legacy Housing (LEGH) reported revenue of $42.5 million, down 19.3% over the same period last year. EPS came in at $0.65, compared to $0.60 in the year-ago quarter. The reported revenue represents a surprise of -8.31% over the Zacks Consensus Estimate of $46.35 million. With the consensus EPS estimate being $0.58, the EPS surprise was +12.07%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

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. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.07%. A quarter ago, it was expected that this mobile home manufacturing company would post earnings of $0.36 per share when it actually produced earnings of $0.60, delivering a surprise of 66.67%. Over the last ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-38761 Legacy Housing Corporation (Exact name of registrant as specified in its charter) Texas 20-2897516 (State or other j ...

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. Financial Highlights Net revenue for the second quarter of 2024 was $42.5 million, a decrease of 19.3% from the second quarter of 2023. Income from operations for the second quarter of 2024 was $16.0 million, a decrease of 8.4% from the second quarter of 2023. Net income for the second quarter of 2024 was $16. ...

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. Legacy builds, sells, and finances manufactured homes and "tiny houses" that are distributed through a network of independent retailers and company-owned stores. The ...

A replay of the webcast will be available on https://investors.legacyhousingcorp.com/ starting approximately two hours after the call and will be archived on the site for one year. Investor Inquiries: Duncan Bates, (817) 799-4837 duncanbates@legacyhousingcorp.com To access the conference call, please pre-register using this link. Registrants will receive confirmation with dialin details. Legacy builds, sells, and finances manufactured homes and "tiny houses" that are distributed through a network of indepen ...

The mean estimate comprises four short-term price targets with a standard deviation of $3.30. While the lowest estimate of $25 indicates an 8.3% increase from the current price level, the most optimistic analyst expects the stock to surge 42.9% to reach $33. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. Price, Consensus and EPS Surprise While Wall Street analysts ...

12 Month EPS Current-Quarter Estimate Revisions Legacy Housing (LEGH) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this mobile home manufacturing company, should get reflected in its stock price. After all, empirical resear ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 9, 2024 LEGACY HOUSING CORPORATION | (Exact name of registrant as specified in its charter) | | | | --- | --- | --- | | Texas | 001-38761 | 20-2897516 | | (State or Other Jurisdiction | (Commission | (IRS Employer | | of Incorporation) | File Number) | Identification No.) | | 1600 Airport F ...