Benzinga | Aug 4, 2020 07:18AM EDT

LGI Homes Q2 EPS $2.21 Beats $1.57 Estimate, Sales $481.60M Beat $464.57M Estimate

LGI Homes (NASDAQ:LGIH) reported quarterly earnings of $2.21 per share which beat the analyst consensus estimate of $1.57 by 40.76 percent. This is a 21.43 percent increase over earnings of $1.82 per share from the same period last year. The company reported quarterly sales of $481.60 million which beat the analyst consensus estimate of $464.57 million by 3.67 percent. This is a 4.28 percent increase over sales of $461.83 million the same period last year.