LGI Homes (LGIH) Q4 Earnings and Revenues Miss Estimates

LGI Homes (LGIH) came out with quarterly earnings of $2.15 per share, missing the Zacks Consensus Estimate of$ 2.31 per share. This compares to earnings of $2.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.93%. A quarter ago, it was expected that this entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets would post earnings of$ 2.53 per share when it actually produced earnings of $2.95, delivering a ...