Legacy Housing (NASDAQ:LEGH) First Quarter 2025 Results

Key Financial Results

• Revenue: US$35.7m (down 18% from 1Q 2024).
• Net income: US$10.3m (down 32% from 1Q 2024).
• Profit margin: 29% (down from 35% in 1Q 2024). The decrease in margin was driven by lower revenue.
• EPS: US$0.43 (down from US$0.62 in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Legacy Housing Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 17%. Earnings per share (EPS) also missed analyst estimates by 29%.

Looking ahead, revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Consumer Durables industry in the US.

The company's shares are down 5.5% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Legacy Housing's balance sheet health.

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