Landsea Homes Expects Q2 New Home Deliveries To Be 600-650, Home Sales Gross Margin To Be 15%-16%
Portfolio Pulse from Benzinga Newsdesk
Landsea Homes anticipates delivering between 600 to 650 new homes in Q2, with a projected home sales gross margin of 15%-16%.
May 01, 2024 | 10:07 am
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Landsea Homes expects to deliver 600-650 new homes in Q2, with a home sales gross margin of 15%-16%.
The announcement of expected new home deliveries and a solid gross margin indicates a positive outlook for Landsea Homes, likely leading to investor optimism. This could result in a short-term positive impact on LSEA's stock price as it reflects operational efficiency and profitability.
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