LGI Homes, Inc. (LGIH) Q1 2025 Earnings Call Transcript

LGI Homes, Inc. (NASDAQ:LGIH) Q1 2025 Earnings Call April 29, 2025 12:30 PM ET

Company Participants

Joshua Fattor – Investor Relations
Eric Lipar – Chief Executive Officer and Chairman
Charles Merdian – Chief Financial Officer and Treasurer

Conference Call Participants

Michael Rehaut – JPMorgan
Trevor Allinson – Wolfe Research
Carl Reichardt – BTIG
Kenneth Zener – Seaport Research Partners
Jay McCanless – Wedbush
Alex Barron – Housing Research Center

Operator

Welcome to LGI Homes First Quarter 2025 Conference Call. Today’s call is being recorded and a replay will be available on the company’s website at www.lgihomes.com. After management’s prepared comments, there will be an opportunity to ask questions. At this time, I’ll turn the call over to Joshua Fattor, Executive Vice President of Investor Relations and Capital Markets.

Joshua Fattor

Thanks and good afternoon. I’ll remind listeners that this call contains forward-looking statements, including management’s views on the company’s business strategy, outlook, plans, objectives and guidance for future periods. Such statements reflect management’s current expectations and involve assumptions and estimates that are subject to risks and uncertainties that could cause those expectations to prove to be incorrect. You should review our filings with the SEC for a discussion of the risks, uncertainties and other factors that could cause actual results to differ from those presented today. All forward-looking statements must be considered in light of those related risks and you shouldn’t place undue reliance on such statements, which reflect management’s current viewpoints that are not guarantees of future performance.

On this call, we’ll discuss non-GAAP financial measures that are not intended to be considered in isolation or as a substitute for financial information presented in accordance with GAAP. Reconciliations of non-GAAP financial measures to the most comparable measures prepared in accordance with GAAP can be found in the press release we issued