mikesterz7 Posted - 2 days ago

$LSEA EARNINGS HIGHLIGHTS Revenue: Reported at $294.0 million for Q1 2024, marking a 22% increase year-over-year, surpassing the estimated $279.86 million. Net Income: Achieved $0.2 million, significantly below the estimated $0.70 million. Earnings Per Share (EPS): Recorded at $0.01 per share, falling short of the estimated $0.04 per share. Adjusted EBITDA: Reached $17.0 million, indicating a growth from $16.2 million in the same quarter the previous year. Home Deliveries: Increased by 7% to 505 homes, with an average selling price of $579,000, up 14% from the previous year. Net New Home Orders: Grew by 23% to 612 homes, with the average selling price slightly below last year at $558,000. Share Repurchase: Approximately 534,000 shares of common stock were repurchased for $6.4 million during the quarter.

DonCorleone77 Posted - 2 days ago

$LSEA Landsea Homes sees FY24 new home deliveries 2,500-2,900 FY24 delivery ASPs expected to be in the range of $500,000 to $525,000; Home sales gross margin to be between 17% and 18%.

DonCorleone77 Posted - 2 days ago

$LSEA Landsea Homes sees Q2 new home deliveries 600-650 Q2 delivery ASPs expected to be in the range of $525,000 to $530,000; Home sales gross margin to be between 15% and 16%.

DonCorleone77 Posted - 2 days ago

$LSEA Landsea Homes reports Q1 adjusted EPS 5c, consensus 4c Reports Q1 revenue $294M, consensus $279.86M. "Landsea Homes delivered strong top-line growth in the first quarter of 2024, as home sales revenue increased 22% on a year-over-year basis", said John Ho, Landsea Homes' Chief Executive Officer. "New home deliveries came above the high end of our guidance range at 505, while average selling prices increased 14% year-over-year to $579,000. We also generated 612 net new orders during the quarter on a sales pace of 3.3 homes per community per month." Ho continued, "We have experienced solid demand trends so far this spring and look to carry this momentum into the summer and beyond. The lack of existing home inventory continues to be a tailwind for our industry, while economic growth and employment trends in our markets have bolstered demand. The recent rise in interest rates has created some challenges on the affordability front, but we have and will continue to address those issues through the use of interest rate buydowns and other financing incentives." Ho concluded, "We executed two capital markets transactions during the quarter that greatly improved the stability of our balance sheet. The first was another successful equity offering from our largest shareholder, which took their stake below 50% and removed the Controlled Company designation for Landsea Homes as per Nasdaq listing standards. The second transaction was our placement in April of $300 million in senior notes due in 2029 at an interest rate of 8 7/8ths, which allowed us to pay down a portion of the outstanding borrowings under our revolving credit facility and provides us with longer term, fixed rate capital to pursue our growth initiatives. Given the progress we made from both an operational and financial standpoint this quarter, I am confident in our ability to achieve our goals for 2024 and beyond."

Stock_Titan Posted - 2 days ago

$LSEA Landsea Homes Reports First Quarter 2024 Results https://www.stocktitan.net/news/LSEA/landsea-homes-reports-first-quarter-2024-giblzyatvd8m.html

DonCorleone77 Posted - 04/18/24

$LSEA Landsea Homes closes on 90 homesites in Mesa, Arizona Landsea Homes announced that it has closed on 90 homesites in Mesa, Arizona for a new community called Circlestone. Located on more than 14.5 acres at Northwest Corner Loop 202 and University Drive in Mesa, Circlestone will consist of 90 single-story and two-story floorplans ranging from 1,400 to 2,600 square feet. Land development will begin next month, and sales are expected to begin in June 2025.

UncleStock Posted - 04/18/24

$RMR $EXPI $FOR $LSEA suggested for Real Estate Investment and Services - value screen: https://zpr.io/7UkH4UFsnkPU

pgyletsgo Posted - 04/16/24

$LSEA insider buying is convincing me. Can’t they hire someone to help them how to build a home ?

briefingcom Posted - 04/16/24

$LSEA: Landsea Homes launches Landsea Elements exclusive financial services, providing end-to-end support for homebuyers

Stock_Titan Posted - 04/16/24

$LSEA LANDSEA HOMES LAUNCHES 'LANDSEA ELEMENTS' EXCLUSIVE FINANCIAL SERVICES FOR HOMEBUYERS https://www.stocktitan.net/news/LSEA/landsea-homes-launches-landsea-elements-exclusive-financial-services-zc9qwvkjuhy6.html

pgyletsgo Posted - 04/15/24

$LSEA can they build a home without major problems ? If yes I’d buy.

Stock_Titan Posted - 04/15/24

$LSEA LANDSEA HOMES CLOSES ON 28 HOMESITES IN LONGMONT, COLORADO https://www.stocktitan.net/news/LSEA/landsea-homes-closes-on-28-homesites-in-longmont-j17nkqo5ifln.html

CakeAndSodomy Posted - 04/14/24

$LSEA 🗣️Juan! I added some more in the $11’s! BOOM! Thanks..

UncleStock Posted - 04/14/24

$RMR $EXPI $FOR $LSEA suggested for Real Estate Investment and Services - value screen: https://zpr.io/7UkH4UFsnkPU

Stock_Titan Posted - 04/10/24

$LSEA Landsea Homes Schedules First Quarter 2024 Earnings Release and Conference Call https://www.stocktitan.net/news/LSEA/landsea-homes-schedules-first-quarter-2024-earnings-release-and-vyn4son5cpfb.html

insiderbuyingselling Posted - 04/05/24

$LSEA new insider buying: 17241 shares. http://insiderbuyingselling.com/?t=LSEA

CEOBuysDisclosures Posted - 04/04/24

$LSEA CEO purchased 17,241 shares at $11.60 for a total of $199,996. Ho John now owns 484,927 shares. https://ceo-buys.com

insiderbuyingselling Posted - 04/04/24

$LSEA new insider buying: 17241 shares. http://insiderbuyingselling.com/?t=LSEA

Stock_Titan Posted - 04/04/24

$LSEA LANDSEA HOMES ANNOUNCES NEW VICE PRESIDENT OF LAND FOR ITS FLORIDA DIVISION https://www.stocktitan.net/news/LSEA/landsea-homes-announces-new-vice-president-of-land-for-its-florida-3u4xwbw511xp.html

Stock_Titan Posted - 1 month ago

$LSEA LANDSEA HOMES NAMES MELISSA KELLY PRESIDENT OF DALLAS-FORT WORTH DIVISION https://www.stocktitan.net/news/LSEA/landsea-homes-names-melissa-kelly-president-of-dallas-fort-worth-0xznbnsbwws4.html

Stock_Titan Posted - 1 month ago

$LSEA LANDSEA HOMES CLOSES ACQUISITION OF DFW-BASED ANTARES HOMES https://www.stocktitan.net/news/LSEA/landsea-homes-closes-acquisition-of-dfw-based-antares-b0e2cpd52skv.html

CakeAndSodomy Posted - 03/28/24

$LSEA 🗣 JUUUUUAN!

Hou_Trader1 Posted - 03/28/24

$LSEA Warrants should get exciting, maybe explosive 🤔🤞. Sellers now at .46 with 5700 shares approx. Warrants did a one million share trade day on march 20. Lsea sellers moved up to 14.90. All time highs in play.

Hou_Trader1 Posted - 03/28/24

$LSEA Sellers now at 14.81 and 14.90: Good buy volume came in at 10:48 am 🚀. Can this go to $15!today?

mikesterz7 Posted - 03/28/24

$LSEA Total debt on the balance sheet as of December 2023 : $0.55 B Cash on Hand as of December 2023 : $0.11 B

Hou_Trader1 Posted - 03/28/24

$LSEA I posted this on 2/29/24 🤞🤞🤞🚀

mikesterz7 Posted - 03/28/24

$LSEA New all-time highs ✅

Hou_Trader1 Posted - 03/28/24

$LSEA For lseaw sellers at .45 but can be taken out easy if volume comes in.

Hou_Trader1 Posted - 03/28/24

$LSEA The range lately can be between 70 to 80 cents in a day plus or minus. I see sellers at 14.47 and up to 14.90. Tied at all time highs now.Nice!

Hou_Trader1 Posted - 03/26/24

$LSEA Staying above 14.00 is great( looks like support area now). sellers at 14.30 and 14.45.