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Dec 31, 2021
Landsea Homes Q4 2021 Earnings Report
Reported strong top and bottom-line growth, capping off a record year.
Key Takeaways
Landsea Homes reported strong financial results for Q4 2021, with home sales revenue increasing by 17% to $333.1 million and net income attributable to Landsea Homes increasing by 260% to $38.4 million. The company's EPS was $0.83 for the quarter. The company exceeded $1 billion in revenue for the year.
Home sales revenue increased 17% to $333.1 million compared to Q4 2020.
Home sales gross margin expanded 650 basis points to 21.5%.
Net income attributable to Landsea Homes increased 260% year-over-year to $38.4 million.
Adjusted EBITDA expanded to a record $57.9 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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