* Landsea Homes Corp reported quarterly adjusted earnings of 30 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 22 cents. The mean expectation of five analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -2 cents to 15 cents per share.
* Revenue rose 22% to $338.47 million from a year ago; analysts expected $345.13 million.
* Landsea Homes Corp's reported EPS for the quarter was 30 cents.
* The company reported quarterly net income of $11.11 million.
* Landsea Homes Corp shares had fallen by 16.3% this quarter and lost 21.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the real estate rental, development & operations peer group is also "buy"
Wall Street's median 12-month price target for Landsea Homes Corp is 16.00 This summary was machine generated from LSEG data November 4 at 03:25 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.07 0.30 Beat
Jun. 30 2024 0.10 0.08 Missed
Mar. 31 2024 0.04 0.01 Missed
Dec. 31 2023 0.24 0.33 Beat
Comments