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Dec 31, 2020
Legacy Housing Q4 2020 Earnings Report
Legacy Housing reported an increase in revenue and net income for Q4 2020.
Key Takeaways
Legacy Housing Corporation reported a revenue of $48.7 million for the fourth quarter of 2020, a 12.5% increase compared to the fourth quarter of 2019. Net income for the quarter was $10.5 million, a 52.9% increase compared to the same period last year, with diluted earnings per share of $0.44.
Net revenue increased by 12.5% to $48.7 million compared to Q4 2019.
Interest revenue from consumer and mobile home park portfolios increased by 10.0% to $6.4 million compared to Q4 2019.
Selling, general and administrative expenses decreased by 20.9% to $4.9 million compared to Q4 2019.
Net income increased by 52.9% to $10.5 million compared to Q4 2019.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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