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LGI Homes (LGIH) Q2 2026 Earnings Call Transcript
['Motley Fool Transcribing', 'The Motley Fool', 'Tue', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
We delivered a homebuilding gross margin of 19.8% and an adjusted homebuilding gross margin of 23.2% both of which were above the midpoint of the increased guidance range we provided on our last call.
Our homebuilding gross margin of 19.8% and adjusted homebuilding gross margin of 23.2% each exceeded the midpoint of the increased guidance range provided on our last call.
During the quarter, we started 1.56 thousand homes, and ended June with 1.9 thousand homes under construction.
We now expect homebuilding gross margin will range between 19-21% and adjusted homebuilding gross margin between 22 point 5 percent and 24 point half percent.
LGI Homes (LGIH) Q2 2026 Earnings Call Transcript was originally published by The Motley Fool