LGI Homes, Inc. (LGIH) Q3 2024 Earnings Call Transcript Summary
LGI Homes, Inc. (LGIH) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the LGI Homes, Inc. (LGIH) Q3 2024 Earnings Call Transcript:
以下是lgi homes, inc.(lgi homes) q3 2024年業績會交易彙報摘要:
Financial Performance:
財務表現:
LGI Homes reported a revenue of $651.9 million in Q3 2024, representing a year-over-year increase of 5.6%.
Diluted earnings per share were $2.95, up by 4% year-over-year and 19% sequentially.
Adjusted gross margin improved to 27.2%, and pretax net income margin increased to 14.1%.
lgi homes報告2024年第三季度的營業收入爲65190萬美元,同比增長5.6%。
每股攤薄收益爲2.95美元,同比增長4%,環比增長19%。
調整後的毛利率提高至27.2%,稅前淨利潤率提高至14.1%。
Business Progress:
業務進展:
Successfully closed 1,757 homes, with a record-high average selling price of $371,004.
Expanded community count by 30% year-over-year, reaching 138 communities.
Noteworthy growth in community expansions shows a promising trajectory for future profitability.
成功交付了1,757套住宅,平均售價創紀錄達到371,004美元。
社區數量同比增長30%,達到138個社區。
社區擴張的顯著增長顯示了未來盈利的潛在軌跡。
Opportunities:
機會:
Strategic focus on maximizing profitability through disciplined pricing and incentives instead of maximizing absorptions at the expense of margins.
Continued growth in community count projected, with 12 new community openings planned for November and a 10% to 20% increase expected in 2025.
戰略聚焦於通過有紀律的定價和激勵措施來最大化利潤,而不是通過犧牲毛利率來最大化吸引力。
社區數量持續增長,預計將在2025年計劃開設12個新社區,並預計將增長10%至20%。
Risks:
風險:
Elevated home prices and high-interest rates create affordability challenges, impacting the mid-income customer segment, potentially reducing the customer base.
高漲的房價和高利率創造了購房難度,影響了中等收入客戶群,可能會減少客戶群。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。