---
schema_version: "secwatch.filing_event.v1"
accession: "0001580670-24-000035"
form_type: "8-K"
ticker: "LGIH"
cik: "0001580670"
company_name: "LGI Homes, Inc."
filed_at: "2024-07-30T23:59:59+00:00"
generated_at: "2026-05-31T15:17:54.553831+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# LGI Homes Q2 EPS $2.48 (+10% YoY); guides FY 6,400-7,200 closings, higher margins

## Summary
- Revenue $602.5M on 1,655 closings; EPS $2.48 diluted, up 10.2% YoY.
- Gross margin 25.0% (adj. 27.0%), up 300bps YoY, meeting pre-pandemic levels.
- Active communities 128, up 25.5% YoY; target 150 by year-end.
- FY2024 guidance: closings 6,400-7,200; ASP $360k-$370k; gross margin 23.5-24.5%.
- Q2 share repurchases: 83,763 shares for $8M; liquidity $405.9M.

## SEC filing metadata
- accession: 0001580670-24-000035
- form_type: 8-K
- ticker: LGIH
- cik: 0001580670
- company_name: LGI Homes, Inc.
- filed_at: 2024-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580670/000158067024000035/0001580670-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580670/000158067024000035/lgih-20240730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001580670-24-000035
- JSON: https://secwatch.observer/filing/0001580670-24-000035.json
- Plain text: https://secwatch.observer/filing/0001580670-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.