Welcome to our dedicated page for Legacy Housing news (Ticker: LEGH), a resource for investors and traders seeking the latest updates and insights on Legacy Housing stock.
Legacy Housing Corporation (NASDAQ: LEGH) is a manufacturer of community-focused manufactured homes and tiny houses that builds, sells and finances its products across the United States, with operations focused primarily in the southern United States. This news page compiles press releases, earnings announcements and other disclosures that the company issues about its manufacturing, sales and financing activities.
Investors and observers following Legacy Housing’s news can see regular updates on quarterly and annual financial results, including net revenue, income from operations, net income, earnings per share and book value per share, along with commentary from management. The company’s releases often discuss themes such as unit volumes, average selling prices, shipments to manufactured housing communities, inventory finance sales and capital allocation decisions such as share repurchases.
Legacy Housing also uses news releases to describe strategic initiatives and operational changes. Recent announcements have covered the Legacy 250 initiative and the introduction of the Legacy Ultimate Series, which feature design elements such as taller roof pitches, wide floors in their class, vaulted ceilings, storage modules and energy-efficient concealed-duct mini-split heat pumps. Other releases describe a significant company realignment, leadership transitions, and an agreement to acquire the assets of AmeriCasa Solutions, LLC and its FutureHomeX® sales management platform, which is described as leveraging artificial intelligence and automation to streamline the homebuying process.
Corporate governance developments, such as changes in executive leadership, amendments to bylaws and outcomes of annual stockholder meetings, are also reported through Legacy Housing’s current reports and press releases. Readers who follow LEGH news can use this page to review how the company communicates its financial performance, strategic direction, technology initiatives and governance decisions over time.
Legacy Housing (NASDAQ: LEGH) has scheduled its full year 2024 financial results release for Wednesday, March 12, 2025, after market close. The company will host a conference call to discuss the results on Thursday, March 13, 2025, at 10:00 a.m. Central Time. Interested participants must pre-register for the call through a provided link to receive dial-in details. A webcast replay will be available on the company's investor relations website approximately two hours after the call and will remain accessible for one year.
Legacy Housing (LEGH) reported its Q3 2024 financial results, showing mixed performance. Net revenue decreased 11.4% to $44.3 million, while income from operations fell 19.4% to $15.3 million compared to Q3 2023. Net income saw a slight decrease of 1.8% to $15.8 million, with basic EPS at $0.65. However, book value increased 11.6% to $479.3 million, with book value per share up 12.7% to $19.84. The company reported strong customer attendance at their 2024 Fall Show, with orders extending their backlog into Q1 2025.
Legacy Housing (NASDAQ: LEGH) has announced the timing for its third quarter 2024 earnings release and conference call. The company will release its financial results for the quarter ended September 30, 2024, after markets close on Tuesday, November 12, 2024. A conference call will follow on Wednesday, November 13, 2024, at 10:00 a.m. Central Time.
Interested parties can pre-register for the call using a provided link, which will supply dial-in details upon registration. A replay of the webcast will be available on the company's investor relations website approximately two hours after the call and will remain accessible for one year.
Legacy Housing (NASDAQ: LEGH) reported its Q2 2024 financial results. Net revenue decreased 19.3% to $42.5 million, while net income increased 7.8% to $16.2 million compared to Q2 2023. Basic earnings per share rose 8.7% to $0.67. The company's book value grew 12.1% to $463.2 million, with book value per share up 13.2% to $19.17.
During Q2, Legacy repurchased 170,342 shares at an average price of $20.53. The Board authorized an additional $10 million for share repurchases. CEO Duncan Bates noted improving demand and emphasized accelerating sales volume as a top priority.
Legacy Housing (NASDAQ: LEGH) has announced the timing for its second quarter 2024 earnings release and conference call. The company will release its financial results for the quarter ended June 30, 2024, after markets close on Thursday, August 8, 2024. A conference call will follow on Friday, August 9, 2024, at 10:00 a.m. Central Time.
Interested parties can pre-register for the call using a provided link, which will supply dial-in details upon registration. A replay of the webcast will be available on the company's investor relations website approximately two hours after the call and will remain archived for one year.
Legacy Housing reported its first quarter 2024 financial results, highlighting a decrease in net revenue, income from operations, net income, and basic earnings per share compared to the first quarter of 2023. However, the company saw an increase in book value and book value per share. Legacy Housing also mentioned share repurchases and stated its focus on improving sales volumes and profitability.
Legacy Housing will release its financial results for the first quarter of 2024 on May 9, 2024, with a conference call scheduled for May 10, 2024. The Company encourages pre-registration for the call to receive dial-in details. A live webcast will also be available, with a replay accessible on the investor relations website.
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