Landsea Homes Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St.11-05

Landsea Homes (NASDAQ:LSEA) Third Quarter 2024 Results Key Financial Results Revenue: US$338.5m (up 22% from 3Q 2023). Net income: US$11.1m (up 29% from 3Q 2023). Profit margin: 3.3% (up from 3.1% in...

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All figures shown in the chart above are for the trailing 12 month  period. Revenue missed analyst estimates by 3.9%. Earnings per share  exceeded analyst estimates significantly.Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US.The company's shares are up 4.4% from a week ago.It is worth noting though that we have found 4 warning signs for Landsea Homes (1 is potentially serious!) that you need to take into consideration.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LSEAW":"Landsea Homes Corporation Warrant","LSEA":"Landsea Homes Corporation"},"translate_title":"朗诗家园2024年第三季度收益：每股收益超出预期，收入滞后","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LSEA":0.9,"LSEAW":0.9},"content_text":"Landsea Homes (NASDAQ:LSEA) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$338.5m (up 22% from 3Q 2023).\nNet income: US$11.1m (up 29% from 3Q 2023).\nProfit margin: 3.3% (up from 3.1% in 3Q 2023).\nEPS: US$0.31 (up from US$0.22 in 3Q 2023).\n\n\n\n\n  NasdaqCM:LSEA Earnings and Revenue Growth November 5th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLandsea Homes EPS Beats Expectations, Revenues Fall Short\n Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates significantly. \n Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Consumer Durables industry in the US. \nPerformance of the American Consumer Durables industry.\n The company's shares are up 4.4% from a week ago. \nRisk Analysis\n It is worth noting though that we have found 4 warning signs for Landsea Homes (1 is potentially serious!) that you need to take into consideration. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481535579"}