DALLAS, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, announced today that Susan E. Lattmann has rejoined the Company’s Board of Directors effective immediately. Ms. Lattmann is rejoining the Board following Thomas Hartfield’s decision not to stand for re-election at the 2025 annual meeting of stockholders. “We want to thank Tom for his many contributions as a member of our Board of Directors over the ...

New townhomes will offer affordable high-quality housing in desirable region of Orange County PLACENTIA, Calif., Jan. 9, 2025 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that it has closed on 39 new homesites, which will serve as an extension of its existing Hudson community in Placentia in North Orange County, California. Hudson is a gated community of row and back-to-back townhomes that emulate a D ...

DALLAS, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (Nasdaq: LSEA) (“Landsea Homes” or the “Company”), a publicly traded residential homebuilder, today announced the commencement of an underwritten public offering of 5,043,480 shares of its common stock to be offered by selling stockholders of the Company (collectively, the “Offering”). The selling stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 756,520 shares of common stock. The Company is ...

New office space in Irving will accommodate growing number of division employees Conveniently located near company's communities and important employment bases Space is currently under construction with move-in expected in Spring 2025DALLAS, Nov. 18, 2024 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, has signed a 14,725-square-foot long-term lease at Tower 1320 in Irving, Texas, which will serve as the company's Dall ...

DALLAS, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Landsea Homes Corporation (NASDAQ: LSEA) today announced that the company will present at the Southwest IDEAS Investor Conference on Thursday, November 21, 2024 at The Statler in Dallas, TX. Company’s presentation is scheduled to begin at 11:30 AM local time (12:30 ET). The presentation will be webcast and can be accessed through the conference host’s main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's web ...

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 ...

Core Insights - Landsea Homes Corporation has closed on 124 homesites for two new communities in Central Florida, Brack Ranch in St. Cloud and Trinity Gardens in DeLand [1][2] Group 1: Community Development - Brack Ranch will feature 138 homes, with the first phase including 14 single-family detached homes on 50-foot lots, ranging from 1,900 to 3,200 square feet [2] - Trinity Gardens will offer 110 homes on 50 and 60-foot lots, with sizes ranging from 1,635 to 4,418 square feet [2] - Development is underway for both communities, with homes expected to begin selling in Summer 2025 [2] Group 2: Market Demand - There is high demand for housing in Volusia and Osceola counties, which are experiencing significant growth [3] - The new homes at Brack Ranch and Trinity Gardens aim to meet this demand and provide high-quality, High Performance Homes to homebuyers [3] Group 3: Home Features - All homes will include smart home automation technology supported by Apple, enhancing comfort and health for residents [3][9] - Features include an Apple HomePod mini, Wi-Fi enabled entry door locks, and a REME HALO air purifier that reduces airborne contaminants [4][9] Group 4: Location Advantages - St. Cloud is near Orlando's downtown and has a high concentration of top-ranked public schools, along with various restaurants and shops [5] - DeLand is conveniently located 40 minutes from downtown Orlando and offers outdoor recreation, public art, and easy access to major highways [6] Group 5: Company Overview - Landsea Homes is a publicly traded residential homebuilder based in Dallas, Texas, recognized for its sustainable master-planned communities [7][9] - The company has received accolades such as the Green Home Builder 2023 Builder of the Year and was previously named Builder of the Year by BUILDER magazine [7]