Overview
* Legacy Q2 2025 revenue rises 18%, beating analyst expectations, per LSEG data
* Net income for Q2 2025 declines 9.2% yr/yr, reflecting market uncertainties
* Company repurchased 260,635 shares for $5.8 mln, indicating confidence in long-term value
Result Drivers
* REVENUE GROWTH - Driven by higher average selling prices and increased unit volumes
* SHARE REPURCHASE - Company repurchased shares, indicating confidence in long-term value
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $50.20 $44 mln
Revenue mln (4
Analysts
)
Q2 Net $14.70
Income mln
Q2 Basic $0.61
EPS
Q2 $16.80
Operatin mln
g Income
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the homebuilding peer group is "buy"
* Wall Street's median 12-month price target for Legacy Housing Corp ( LEGH ) is $30.00, about 21.1% above its August 6 closing price of $23.67
* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)