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Legacy Housing Corporation  (LEGH)
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    Sector  Capital Goods    Industry Construction Services
 


Reduction in Earnings while Revenues grew at the Legacy Housing Corporation in the July to September 30 2022 three months

LEGH recorded third quarter of 2022 operating surplus of $16.862 millions

Published 2022-11-10T12:33:20+00:00
Goran Soko / CSIMarket.com Contributer

cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsRevenue elevation of 1.514 %, could not prevent income demise of -4.92 % in the third quarter of 2022 financial report, relative to corresponding reporting period a year ago. Revenues were at $57.33 millions and eps at $0.58.

In comparison to the prior reporting period profits fell by -15.94 % from $0.69 per share and Revenue deteriorated by -10.724 % from $64.21 millions.


Net profits of $14.735 millions in the financial period closing September 30 2022 increased by 0.01 % from net earnings of $14.733 millions reported in the financial period closing September 30 2022 a year ago. Legacy Housing Corporation shifted it's focus on improving sales in the financial period closing September 30 2022, as a result net margin eased to 25.7%.
Operating earnings, fell -4.26% to $16.862 millions, squeezing Legacy Housing Corporation's operating margin to %.

Legacy Housing Corporation is expected to report next financial earnings on August 02, 2023.


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Other LEGH's Earnings Reports

Legacy Housing reported second quarter 2022 earnings

Legacy Housing reported first quarter 2022 earnings

Legacy Housing reported fourth quarter 2021 earnings

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