The earnings call highlighted the company's success in maintaining strong margins and increased active communities despite a challenging market. However, significant declines in revenue and home closings, an increased cancellation rate, and softer demand indicate market challenges. Improvements in sales trends later in the quarter and strategic initiatives are positive signs, but the overall sentiment reflects a balance between positive internal performance and external market difficulties.

Company Guidance -

Q3 2025

During the LGI Homes Second Quarter 2025 Conference Call, management provided guidance and discussed several key metrics reflecting their performance and future outlook. The company reported delivering 1,323 homes in the second quarter with an average sales price of $365,000, resulting in $484 million in revenue. Their adjusted gross margin was 25.5%, up 190 basis points sequentially, and they achieved a pretax net income margin of 8.7%, with earnings per share of $1.36. LGI Homes ended the quarter with 146 active communities, a 14% increase from the previous year. The company experienced a cancellation rate of 32.7%, up from 22.2% last year, and closed the quarter with a backlog of 808 homes valued at $322.5 million. Their land portfolio comprised 64,756 owned and controlled lots, down 7.4% year-over-year. Looking ahead, LGI Homes expects to close between 1,100 and 1,300 homes in the third quarter at an average sales price between $360,000 and $365,000, with an anticipated gross margin of 21.5% to 22.5%. The company aims to focus on reducing leverage, with a debt-to-capital ratio of 45.8%, and plans to continue managing their inventory levels and community count strategically.

Strong Adjusted Gross Margin

The company achieved an adjusted gross margin of 25.5%, up 190 basis points sequentially and at the high end of the guidance range provided on the previous call.

Increase in Active Communities

Ended the second quarter with 146 active communities, a 14% increase over the prior year.

Annual Service Impact Day

The company held its annual Service Impact Day, with employees volunteering over 8,500 hours across 60 organizations.

Improved Future Sales Trends

Encouraging sales trends observed in late June and July, driven by new sales initiatives and a better rate environment.

LGI Homes (LGIH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LGIH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	1.13 / -	2.95	―	―	―
Aug 05, 2025	2025 (Q2)	1.28 / 1.36	2.48	-45.16% (-1.12)
Apr 29, 2025	2025 (Q1)	0.63 / 0.17	0.72	-76.39% (-0.55)
Feb 25, 2025	2024 (Q4)	2.18 / 2.15	2.19	-1.83% (-0.04)
Nov 05, 2024	2024 (Q3)	2.54 / 2.95	2.84	3.87% (+0.11)
Jul 30, 2024	2024 (Q2)	2.18 / 2.48	2.25	10.22% (+0.23)
Apr 30, 2024	2024 (Q1)	1.06 / 0.72	1.14	-36.84% (-0.42)
Feb 20, 2024	2023 (Q4)	2.54 / 2.19	1.45	51.03% (+0.74)
Oct 31, 2023	2023 (Q3)	2.18 / 2.84	3.85	-26.23% (-1.01)
Aug 01, 2023	2023 (Q2)	1.84 / 2.25	5.2	-56.73% (-2.95)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LGIH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$54.64	$59.34	+8.60%
Apr 29, 2025	$59.25	$54.64	-7.78%
Feb 25, 2025	$75.99	$77.91	+2.53%
Nov 05, 2024	$103.54	$111.16	+7.36%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does LGI Homes (LGIH) report earnings?

LGI Homes (LGIH) is schdueled to report earning on Nov 04, 2025, Before Open (Confirmed).

What is LGI Homes (LGIH) earnings time?

LGI Homes (LGIH) earnings time is at Nov 04, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LGIH EPS forecast?

LGIH EPS forecast for the fiscal quarter 2025 (Q3) is 1.13.

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