NASDAQ$LEGH

Legacy Housing Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Legacy Housing Corporation reported its full year financial results for 2024.

Legacy Housing Corporation reported a slight decrease in net revenue and operating income for the full year 2024, but saw a significant increase in net income and basic earnings per share. The company also experienced a notable increase in book value.

  • Net revenue for the year ended 2024 was $184.2 million, a decrease of 2.6% from the year ended 2023.
  • Net income for the year ended 2024 was $61.6 million, an increase of 13.2% from the year ended 2023.
  • Basic earnings per share for the year ended 2024 was $2.55, an increase of 14.3% from the year ended 2023.
  • Book value for year ended 2024 was $494.0 million, an increase of 13.1% from the year ended 2023.

Headline financials

Total Revenue

$0.00

Previous: $33.7M-100.0%
EPS (adj)

$0.00

Previous: $0.34-100.0%
Net Revenue Change

-2.6%

Previous: 0.0%
Income from Operations

$63.6M

Previous: $64.6M-1.5%
Income from Operations Change

-1.5%

Previous: 0.0%
Net Income

$61.6M

Previous: $54.4M+13.2%
Net Income Change

13.2%

Previous: 0.0%
Basic EPS

$2.55

Previous: $2.23+14.3%
Basic EPS Change

14.3%

Previous: 0.0%
Book Value Per Share

$20.40

Previous: $17.91+13.9%
Book Value Per Share Change

13.9%

Previous: 0.0%
Operating Income

$0.00

Previous: $9.73M-100.0%

Revenue & EPS history

Legacy Housing · Revenue · Quarterly

$0

Q4 2024-100%vs Q4 2023
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Forward guidance

Legacy Housing Corporation is well-positioned for 2025, with strong demand for affordable housing and an integrated business model that allows for effective capital deployment and shareholder value compounding.

Tailwinds

  • Affordable housing remains a critical need in the United States, indicating strong market demand.
  • Legacy is well positioned for 2025.
  • The integrated business model provides numerous opportunities to deploy capital at high rates of return.
  • The company aims to compound shareholder value.
  • Management will continue to manage the business closely and allocate capital effectively.

Headwinds

  • The press release contains forward-looking statements that are subject to risks and uncertainties.
  • Actual results or performance may differ materially from anticipated results or performance.
  • Legacy undertakes no obligation to update any forward-looking statements after the date of the report, except as required by law.
  • Investors should not place any reliance on any such forward-looking statements.
  • No specific negative financial guidance or outlook was provided for 2025.

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 Q4 2024

Historical avgQ4 2024

+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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