LGI Homes Says It Closed 482 Homes In March 2024
Portfolio Pulse from Benzinga Newsdesk
LGI Homes reported closing 482 homes in March 2024, bringing its first quarter total to 1,083 homes closed. As of March 31, 2024, LGI Homes operates 120 active selling communities.
April 03, 2024 | 9:07 pm
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LGI Homes reported significant home closings in March 2024, with a total of 1,083 homes closed in Q1 2024 and an expansion to 120 active selling communities.
The reported increase in home closings and the expansion of active selling communities indicate a strong operational performance by LGI Homes. This positive news is likely to instill investor confidence and could lead to a short-term uptick in LGIH's stock price, reflecting the company's growth and operational success.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100