Legacy Housing Corp reports results for the quarter ended December 31 - Earnings Summary

• Legacy Housing Corp LEGH.OQ reported quarterly adjusted earnings of 59 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 28 cents. The mean expectation of two analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 50 cents to 54 cents per share.

• Revenue rose 60.7% to $54.19 million from a year ago; analysts expected $44.59 million.

• Legacy Housing Corp's reported EPS for the quarter was 59 cents​.

• The company reported quarterly net income of $14.51 million.

• Legacy Housing Corp shares had risen by 0.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 5% 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the homebuilding peer group is also "buy"

Wall Street's median 12-month price target for Legacy Housing Corp is $32.00

This summary was machine generated from LSEG data March 13 at 01:51 a.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)