Lgi homes says q4 earnings per share $2.52

Lgi homes, inc. reports fourth quarter and full year 2019 results and releases 2020 guidance.q4 earnings per share $2.52.q4 earnings per share estimate $2.34 -- refinitiv ibes data.q4 revenue $605.6 million versus refinitiv ibes estimate of $595.7 million.q4 net income increased 52.1% to $64.9 mln, or $2.69 basic eps and $2.52 diluted eps.q4 net income before income taxes increased 51.0% to $84.9 million.sees to have between 120 and 130 active selling communities at end of 2020 and close between 8,400 and 9,400 homes in 2020.sees 2020 gross margin as percentage of home sales revenues will be in the range of 22.5% and 24.5%.sees 2020 adjusted gross margin (non-gaap) as percentage of home sales revenues in range of 24.5% and 26.5%.says believes average home sales price in 2020 will be between $235,000 and $245,000.
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