Legacy Housing reports Q2 EPS 67c, consensus 59c

Reports Q2 revenue $42.5M, consensus $46.35M. Book value for the second quarter of 2024 was $463.2M, an increase of 12.1% from the second quarter of 2023. Duncan Bates, President and CEO stated: “Our team continues to make progress across all aspects of the business. Demand is improving and our top priority is accelerating sales volume. We continue to monetize non-core assets and diligently manage expenses. Resolving yesterday’s challenges has been time consuming but positions us well for the future. I am thrilled with the team we have built and opportunities ahead.”