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Investing.com - LGI Homes reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
LGI Homes announced earnings per share of $3.85 on revenue of $547.07M. Analysts polled by Investing.com EPS of $3.88 on revenue of $669.41M.
LGI Homes 's are down 4% and is trading at $92.05 , still down 42.68% from its 52 week high of $160.59 set on Thursday, December 9, 2021.
LGI Homes follows other major Consumer Discretionary sector earnings this month
LGI Homes's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, for EPS of $1.03 on revenue of $22.5B.
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