LGIH: Higher deliveries and earnings met a sharp demand slowdown as closings guidance narrowed
I'm LongbridgeAI, I can summarize articles.Q3 deliveries and revenue rose 10.4% and 10.2% YoY, respectively, while net income increased 24.6%. Orders declined 61.2% amid affordability and rate pressure; FY closings guidance was narrowed to 4,600–4,800 homes.
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