NASDAQ$LEGH

Legacy Housing Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Legacy Housing reported slight revenue increase and a significant rise in net income for Q1 2020.

Legacy Housing Corporation announced its Q1 2020 financial results, with net revenue slightly increasing to $38.3 million from $37.9 million in Q1 2019. Net income saw a 25% increase, reaching approximately $9.0 million compared to $7.2 million in the same period last year. Earnings per share rose to $0.37 from $0.29 year-over-year.

  • Net revenue increased slightly to $38.3 million from $37.9 million year-over-year.
  • Interest income grew by 16% to $6.4 million compared to $5.5 million in Q1 2019.
  • Net income increased by 25% to approximately $9.0 million, including a $1.075 million settlement from a lawsuit.
  • Earnings per share increased to $0.37 from $0.29 year-over-year.

Headline financials

Total Revenue

$38.3M

Previous: $38M+0.8%
EPS (adj)

$0.33

Previous: $0.29+13.8%
Capital Expenditures

-$366K

Previous: -$757K+51.7%
Free Cash Flow

$8.66M

Previous: $6.46M+34.1%
Net Income

$9.03M

Previous: $7.21M+25.1%
Operating Income

$10.6M

Previous: $9.37M+13.2%
Gross Profit

$16.4M

Previous: $16.1M+2.2%
Cash & Equivalents

$3.72M

Previous: $3.1M+20.0%
Total Assets

$302M

Previous: $244M+23.8%
Stock-Based Comp

$97K

Previous: $234K-58.5%

Revenue & EPS history

Legacy Housing · Revenue · Quarterly

$38.3M

Q1 2020+0.8%vs Q1 2019
Beat estimate in 8 of 9 quarters(89%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+3.0%

Avg return

Earnings day

+4.6%

Avg return

5 days after

+5.9%

Avg return

30 days after

59%

19 / 32 earnings

Positive

+32.9%

Q4 2021

Best reaction

-15.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.3%+3.0%+10.3%
Q4 2025+1.7%+4.9%+15.3%
Q3 2025-5.9%-9.9%-12.1%
Q1 2025-7.9%-8.3%-13.1%
Q4 2024+2.7%+4.8%-3.6%
Q3 2024-3.6%-4.9%-5.7%
Q2 2024-1.3%-2.3%-3.2%
Q1 2024+11.4%+13.7%+8.1%
Q4 2023-15.0%-15.8%-18.7%
Q3 2023+19.0%+24.6%+22.0%
Q2 2023-2.5%-5.4%-6.7%
Q1 2023+0.8%-1.4%-7.5%
Q4 2022+13.2%+7.0%+10.2%
Q3 2022+2.7%+4.3%+12.2%
Q2 2022-0.6%+0.0%-3.8%
Q1 2022+1.8%+5.1%-2.4%
Q4 2021+32.9%+31.1%+26.7%
Q3 2021+18.4%+28.8%+22.1%
Q2 2021+4.4%+2.8%+5.0%
Q1 2021-6.8%-0.5%-2.7%
Q4 2020+0.7%+9.0%+13.7%
Q3 2020+5.4%+6.4%+6.3%
Q2 2020+6.4%+8.7%+1.2%
Q1 2020+18.7%+14.3%+32.3%
Q4 2019-3.5%-10.4%+10.0%
Q3 2019-0.6%+11.8%+1.6%
Q3 2018-0.6%+11.8%+1.6%
Q2 2018-2.1%-0.8%+21.5%
Q2 2019+1.4%+0.7%+22.7%
Q4 2018+2.5%+6.1%+7.2%
Q1 2018+2.5%+3.3%+8.4%
Q1 2019+1.6%+5.0%+9.9%
Q4 2017

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