Landsea Homes (LSEA) Misses Q1 Earnings Estimates

Landsea Homes (LSEA) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -53.85%. A quarter ago, it was expected that this residential homebuilder would post earnings of $0.34 per share when it actually produced earnings of $0.43, delivering a surprise of 26.47%.Over the last four quarter ...