Legacy Housing Corp

NASDAQ:LEGH   3:59:58 PM EDT
18.14
-0.27 (-1.47%)
4:14:45 PM EDT: $18.46 +0.32 (+1.76%)
Earnings Announcements

Legacy Housing Corp - Will Restate Its First, Second And Third Quarters Unaudited Interim Financial Statements For Fiscal Year 2021

Published: 08/03/2022 22:05 GMT
Legacy Housing Corp (LEGH) - Legacy Housing Corp - Will Restate Its First, Second and Third Quarters Unaudited Interim Financial Statements for Fiscal Year 2021.
Legacy Housing - Investors Should No Longer Rely Upon Previously Issued Financial Statements for Its First, Second and Third Quarters 2021.
Legacy Housing - Estimates Adjustments Will Result in an Increase to Retained Earnings of $1.7 Million As of March 31, 2021.
Legacy Housing - Estimates Adjustments Will Result in Increase to Retained Earnings of $1.9 Million As of June 30, 2021.
Legacy Housing - for the Three Months Ended March 31, 2021, Estimates Adjustments Will Result in an Increase of Net Income by $1.7 Million.
Legacy Housing - for the Three Months Ended June 30, 2021, Estimates Adjustments Will Result in Increase of Net Income by $0.2 Million.
Legacy Housing - Estimates Adjustments Will Result in a Decrease of Net Income by $1.7 Million for the Three Months Ended September 30, 2021.
Legacy Housing - Identified Overstatement of Costs Errantly Assigned to Accounts Payable for Inventory Received But Not Invoiced for Period Ended March 31, 2021 and June 30, 2021.
Legacy Housing - Identified Understatement of Costs Errantly Assigned to Accounts Payable for Inventory Received But Not Invoiced for Period Ended September 30, 2021.
Legacy Housing - Identified Overstatement of Prepaid Inventory, Understatement of Cost of Product Sales and Property, Plant & Equipment for Period Ended Sept.
30, 2021.
Revenue is expected to be $52.66 Million
Adjusted EPS is expected to be $0.50

Next Quarter Revenue Guidance is expected to be $63.3 Million
Next Quarter EPS Guidance is expected to be $0.75

More details on our Analysts Page.