NASDAQ$LGIH
LGI Homes Inc. · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
LGI Homes reported record results, driven by strong demand and effective cash management.
LGI Homes announced record second-quarter results, with net income increasing by 20.8% to $55.6 million. Home sales revenues rose by 4.3% to $481.6 million, and home closings increased by 3.1% to 2,005 homes. The company's focus on cash management led to the lowest net debt to capitalization ratio since 2014.
- Net income increased 20.8% to $55.6 million.
- Home sales revenues increased 4.3% to $481.6 million.
- Home closings increased 3.1% to 2,005 homes.
- Active selling communities increased 25.8% to 117.
Headline financials
Revenue & EPS history
LGI Homes · Revenue · Quarterly
$482M
Forward guidance
The Company anticipates closing between 8,000 to 8,800 homes for the year. Additionally, we expect active selling communities at the end of the year will be between 115 and 125 and expect our average home sales price for 2020 will be in the range of $245,000 to $255,000.
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 Q2 2020
+0.3%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+1.5%
Avg return
30 days after
51%
25 / 49 earnings
Positive
+27.0%
Q2 2015
Best reaction
-16.7%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +7.7% | +7.1% | +7.5% | |
| Q4 2025 | -4.4% | -8.8% | -39.1% | |
| Q3 2025 | +9.3% | +14.7% | +24.3% | |
| Q1 2025 | -7.8% | -7.0% | -14.4% | |
| Q3 2024 | +6.2% | +5.4% | +2.1% | |
| Q2 2024 | +9.6% | +1.5% | +1.6% | |
| Q1 2024 | -6.9% | +0.7% | -0.6% | |
| Q4 2023 | -9.7% | -10.7% | -11.2% | |
| Q3 2023 | +12.6% | +25.0% | +32.8% | |
| Q2 2023 | +0.6% | -2.9% | -11.3% | |
| Q1 2023 | -1.6% | -2.6% | -3.1% | |
| Q4 2022 | -8.7% | -8.0% | -2.7% | |
| Q3 2022 | -9.4% | -9.5% | +11.1% | |
| Q2 2022 | -6.6% | -5.4% | -18.9% | |
| Q1 2022 | +6.9% | -0.2% | +1.0% | |
| Q4 2021 | +5.4% | +2.3% | +1.4% | |
| Q3 2021 | -10.2% | -10.5% | -0.7% | |
| Q2 2021 | -8.2% | -8.5% | -5.7% | |
| Q1 2021 | +0.0% | +6.6% | -0.3% | |
| Q4 2020 | +0.7% | -5.1% | +25.8% | |
| Q3 2020 | +8.1% | +4.8% | -4.3% | |
| Q2 2020 | -1.3% | -5.2% | -2.8% | |
| Q1 2020 | +6.7% | +13.9% | +36.4% | |
| Q4 2019 | -16.7% | -19.0% | -45.0% | |
| Q3 2019 | -1.1% | -6.9% | -1.1% | |
| Q2 2019 | +9.7% | +10.8% | +21.4% | |
| Q1 2019 | -5.4% | -2.7% | +2.3% | |
| Q4 2018 | -3.5% | -4.7% | -1.2% | |
| Q3 2018 | -12.0% | -8.9% | -2.6% | |
| Q2 2018 | +13.3% | +16.9% | +5.9% | |
| Q1 2018 | -16.7% | -18.0% | -21.3% | |
| Q4 2017 | -14.9% | -14.4% | +6.1% | |
| Q3 2017 | +1.5% | +2.0% | +13.5% | |
| Q2 2017 | -3.7% | -4.1% | -8.1% | |
| Q1 2017 | +10.7% | +9.3% | +24.6% | |
| Q4 2016 | +13.7% | +11.2% | +9.2% | |
| Q3 2016 | +0.5% | -0.6% | +5.7% | |
| Q2 2016 | +6.9% | +5.7% | +20.4% | |
| Q1 2016 | -10.2% | — | — | |
| Q4 2015 | +6.6% | — | — | |
| Q3 2015 | -3.5% | — | — | |
| Q2 2015 | +27.0% | — | — | |
| Q1 2015 | +2.4% | — | — | |
| Q4 2014 | +8.5% | — | — | |
| Q3 2014 | -5.5% | — | — | |
| Q2 2014 | -1.8% | — | — | |
| Q1 2014 | +11.6% | — | — | |
| Q4 2013 | -7.5% | — | — | |
| Q3 2013 | +5.4% | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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