The earnings call highlighted strong backlog and community growth, as well as strategic initiatives like sales training and stock buybacks. However, these positives were offset by declines in revenue and gross margin, increased expenses, and ongoing challenges with affordability and market conditions.

Company Guidance -

Q2 2025

During LGI Homes, Inc.'s first quarter 2025 earnings call, the company provided several key metrics and guidance for future performance. They delivered 996 homes at an average sales price of $352,831, generating first-quarter revenue of $351.4 million. Despite a 10.1% year-over-year revenue decline due to an 8% decrease in home closings and a 2.2% reduction in average sales price, LGI Homes ended the quarter with a backlog of 1,040 homes valued at over $406 million. The company reported a gross margin of 21% and an adjusted gross margin of 23.6%. They maintained their full-year guidance, expecting to close between 6,200 and 7,000 homes across 160 to 170 active communities by year-end, with average selling prices ranging from $360,000 to $370,000. They anticipate a full-year gross margin between 21.7% and 23.2% and an adjusted gross margin between 24% and 25.5%. The call also noted a one-time expense of $8.6 million related to a forward commitment incentive program, impacting first-quarter results.

Strong Backlog at Quarter End

LGI Homes ended March with 1,040 homes in backlog, representing over $406 million, indicating a strong pipeline moving into the second quarter of 2025.

Increase in Active Communities

LGI Homes increased their number of communities by 22% year-over-year, ending the first quarter with 146 active communities.

Sales Training Initiatives

The company conducted intensive sales training for sales leaders to enhance sales team performance across the country, aiming for improved results in challenging market conditions.

Stock Buyback Program

LGI Homes repurchased 41,685 shares of common stock for $3.1 million and has $177.7 million remaining on the current stock buyback authorization.

Credit Facility Recast

The company successfully recast its credit agreement, extending maturity from 2028 to 2029, providing greater financial flexibility.

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
Aug 05, 2025	2025 (Q2)	1.28 / -	2.48	―	―	―
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)
May 02, 2023	2023 (Q1)	1.25 / 1.14	3.25	-64.92% (-2.11)

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
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%
Jul 30, 2024	$104.95	$119.40	+13.77%

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 Aug 05, 2025, Before Open (Confirmed).

What is LGI Homes (LGIH) earnings time?

LGI Homes (LGIH) earnings time is at Aug 05, 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 (Q2) is 1.28.

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