Sees FY24: New home deliveries anticipated to be in a range of 2,500 to 2,900; Delivery ASPs expected to be in a range of $500,000 to $525,000; Home sales gross margins between 17% and 18% on a GAAP basis and between 21% and 23% on an adjusted basis.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LSEA:
- Landsea Homes Reports Fourth Quarter and Full Year 2023 Results
- Landsea Homes Corporation (LSEA) Q4 Earnings Cheat Sheet
- Landsea Homes Expands Market Presence with Antares Buyout
- Landsea Homes Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
- Landsea Homes price target raised to $16 from $15 at B. Riley