LGI Homes Shares Rise After Q2 Adjusted Earnings, Revenue Top Estimates

MT Newswires Live08-04

LGI Homes (LGIH) shares were up 4.1% in Tuesday trading after the company posted Q2 financial results above expectations.

The company reported Q2 adjusted earnings Tuesday of $1.16 per diluted share, down from $1.36 per share a year earlier.

Two analysts polled by FactSet expected $0.89.

Total revenue for the quarter ended June 30 was $516.0 million, up from $488.2 million a year earlier.

Three analysts expected $489.2 million.

The homebuilder reported Q2 home closings of 1,365 units, up from 1,323 a year earlier. Two analysts polled by FactSet expected 1,365.

For 2026, the homebuilder said it expects home closings of between 4,600 and 5,400 units.

Price: 58.41, Change: +2.31, Percent Change: +4.11

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