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Jun 30, 2021

Legacy Housing Q2 2021 Earnings Report

Legacy Housing Corporation's financial results were announced for the second quarter ended June 30, 2021.

Key Takeaways

Legacy Housing Corporation reported a successful second quarter in 2021, marked by revenue of $48.6 million and earnings of $12.4 million, representing increases of 5.6% and 23.8% respectively, compared to the second quarter of 2020. Per-share earnings also increased to $0.51, up 24.4% from the previous year.

Revenue increased by 5.6% to $48.6 million compared to Q2 2020.

Earnings increased by 23.8% to $12.4 million compared to Q2 2020.

Per-share earnings increased by 24.4% to $0.51 compared to Q2 2020.

Per-share book value increased by 17.1% to $11.59 compared to Q2 2020.

Total Revenue
$48.6M
Previous year: $46M
+5.6%
EPS
$0.51
Previous year: $0.36
+41.7%
Gross Profit
$20M
Previous year: $15.4M
+29.3%
Cash and Equivalents
$809K
Previous year: $1.02M
-21.0%
Free Cash Flow
-$4.12M
Previous year: -$1.14M
+263.0%
Total Assets
$374M
Previous year: $312M
+19.7%

Legacy Housing

Legacy Housing