Legacy Housing Q2 EPS $0.67 Beats $0.59 Estimate, Sales $42.50M Miss $46.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Legacy Housing (NASDAQ:LEGH) reported Q2 earnings per share (EPS) of $0.67, beating the analyst estimate of $0.59. However, sales of $42.50 million missed the estimate of $46.35 million. EPS increased by 11.67% year-over-year, while sales decreased by 19.26%.
August 08, 2024 | 8:33 pm
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Legacy Housing reported Q2 EPS of $0.67, beating estimates by 13.56%, but sales of $42.50M missed estimates by 8.31%. EPS increased by 11.67% YoY, while sales decreased by 19.26%.
The positive EPS surprise is offset by the significant miss in sales and the year-over-year decline in revenue. This mixed result is likely to have a neutral short-term impact on the stock price.
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