earnings
confidence high
sentiment negative
materiality 0.60
Legacy Housing Q2 revenue down 18% to $52.6M; EPS $0.62 vs $0.71 YoY
Legacy Housing Corp
2023-Q2 EPS reported
$1.25
revenue$105,493,000
- Net revenue $52.6M, down 18.0% YoY; net income $15.0M, down 13.0% YoY.
- Basic EPS $0.62, down 12.7% from $0.71 in Q2 2022.
- Book value per share $16.94, up 8.0% from Q4 2022.
- Industry home shipments down 29% YoY (per MHI); loan applications hit 12-month high in July.
- New Revolving Credit Facility closed to support growth.