Landsea Homes (NASDAQ:LSEA) reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Landsea Homes beat estimated earnings by 80.0%, reporting an EPS of $0.18 versus an estimate of $0.1.
Revenue was down $74.49 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 0.15% increase in the share price the next day.
Here’s a look at Landsea Homes’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.75 | 0.50 | 0.54 | 0.24 |
| EPS Actual | 0.81 | 0.69 | 0.71 | 0.71 |
| Revenue Estimate | 441.48M | 348.30M | 335.59M | 238.66M |
| Revenue Actual | 425.96M | 335.58M | 368.68M | 316.23M |
To track all earnings releases for Landsea Homes visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
