Landsea Homes (LSEA) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 193.33%. A quarter ago, it was expected that this residential homebuilder would post earnings of $0.32 per share when it actually produced earnings of $0.36, delivering a surprise of 12.50%.Over the last four quarter ...

Net income increased 29% to $11.1 million or $0.30 per share, a 36% increaseAdjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increaseHome sales revenue increased 26.2% to $325.6 millionNew home deliveries increased 40% to 629 homesNet new home orders of 626 increased 28.8%Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8%Book value per share of $18.27 DALLAS, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or th ...

Exhibit 99.1 Landsea Homes Reports Third Quarter 2024 Results • Net income increased 29% to $11.1 million or $0.30 per share, a 36% increase • Adjusted net income increased 36% to $15.9 million or $0.44 per share, a 47% increase • Home sales revenue increased 26.2% to $325.6 million • New home deliveries increased 40% to 629 homes • Net new home orders of 626 increased 28.8% • Home sales gross margin of 17.1%, adjusted home sales gross margin of 22.8% • Book value per share of $18.27 Dallas, Texas – Novembe ...

DALLAS, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) announced today that the company will release its results for the third quarter of 2024 before the market opens on Monday, November 4, 2024. The company will host a conference call on the same day at 10:00 AM Eastern Time to discuss its financial results and conduct a question-and-answer session. Conference Call Details: Date: Monday, November 4, 2024 Time: 10:00 AM Eastern Time Toll-free dial-in number: 800-274-8461 Internat ...

Brach Ranch in St. Cloud and Trinity Gardens in DeLand will feature single-family detached High Performance Homes ORLANDO, Fla., Sept. 18, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, today announced it has closed on a total of 124 homesites for two new communities in Central Florida. The first phase of Brack Ranch in St. Cloud includes 14 single-family detached homes on 50-foot lots ranging from 1,900 to 3,200 s ...

When it comes to the publicly traded home builders that are out there, one of the smallest players with a market capitalization of only $477 million, is Landsea Homes Corporation (NASDAQ: LSEA ). Even though the business Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential. Subscribers get to use a 50+ stock model account, in-depth cash flow analys ...

Landsea Homes Corp. (NASDAQ:LSEA) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Drew Mackintosh - Investor Relations John Ho - Chief Executive Officer Mike Forsum - President & Chief Operating Officer Chris Porter - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays Carl Reichardt - BTIG Alex Rygiel - B. Riley Securities Jay McCanless - Wedbush Alex Barrón - Housing Research Center Operator Please standby. Your program is about to begin. [Operat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share LSEA The Nasdaq Capital Market Warrants exercisable for Common Stock LSEAW The Nasdaq Capital Market ☒ 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 ...

For the quarter ended June 2024, Landsea Homes (LSEA) reported revenue of $431.14 million, up 47% over the same period last year. EPS came in at $0.36, compared to $0.33 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $336.2 million, representing a surprise of +28.24%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.32. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Landsea Homes (LSEA) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this residential homebuilder would post earnings of $0.13 per share when it actually produced earnings of $0.06, delivering a surprise of -53.85%. Over the last four quart ...