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Countdown to Legacy Housing (LEGH) Q3 Earnings: Wall Street Forecasts for Key Metrics
LEGHLegacy Housing(LEGH) ZACKS·2024-11-08 15:16

Core Viewpoint - Wall Street analysts anticipate Legacy Housing (LEGH) will report quarterly earnings of 0.65pershare,reflectingayearoveryearincreaseof1.60.65 per share, reflecting a year-over-year increase of 1.6%, with revenues expected to reach 51.14 million, up 2.4% from the previous year [1]. Group 1: Earnings and Revenue Estimates - Analysts project that 'Net revenue- Consumer and MHP loans interest' will likely reach 10.11million,indicatingayearoveryearincreaseof14.910.11 million, indicating a year-over-year increase of 14.9% [4]. - The 'Net revenue- Other' is estimated to be 1.45 million, showing a significant decline of 64.9% compared to the prior year [4]. - 'Net revenue- Product sales' is expected to reach $39.58 million, reflecting a year-over-year increase of 7% [4]. Group 2: Market Performance - Legacy Housing shares have shown a return of 5% over the past month, slightly outperforming the Zacks S&P 500 composite, which increased by 4.9% [5]. - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [5].