Core Insights - Legacy Housing (LEGH) reported revenue of $44.27 million for Q3 2024, reflecting an 11.4% year-over-year decline and falling short of the Zacks Consensus Estimate of $51.14 million by 13.44% [1] - The company's EPS remained unchanged at $0.64 compared to the same period last year, but it missed the consensus EPS estimate of $0.65 by 1.54% [1] Revenue Breakdown - Net revenue from Consumer, MHP, and dealer loans interest was $10.33 million, exceeding the average estimate of $10.11 million by analysts, representing a year-over-year increase of 17.4% [3] - Net revenue from Other sources was reported at $3.77 million, significantly higher than the estimated $1.45 million, but showed a decline of 8.7% compared to the previous year [3] - Net revenue from Product sales was $30.17 million, which was below the estimated $39.58 million, marking an 18.5% decrease year-over-year [3] Stock Performance - Over the past month, Legacy Housing shares have returned +2%, while the Zacks S&P 500 composite increased by +3.3% [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]
Compared to Estimates, Legacy Housing (LEGH) Q3 Earnings: A Look at Key Metrics