May 8, 2018 / 11:28 AM / 6 months ago

BRIEF-LGI Homes Reports Q1 Earnings Per Share Of $1.10

May 8 (Reuters) - LGI Homes Inc:

* Q1 EARNINGS PER SHARE $1.10

* Q1 EARNINGS PER SHARE VIEW $0.78 -- THOMSON REUTERS I/B/E/S

* SEES FY 2018 EARNINGS PER SHARE $6.00 TO $7.00

* QTRLY HOME SALES REVENUES INCREASED 71.3% TO $279.0 MILLION

* MAINTAIN OUR POSITIVE OUTLOOK ON REMAINDER OF 2018 AND REAFFIRM OUR GUIDANCE

* HOME CLOSINGS DURING Q1 OF 2018 INCREASED 63.5% TO 1,244

* BELIEVES THAT AVERAGE HOME SALES PRICE IN 2018 WILL BE BETWEEN $220,000 AND $230,000

* FY2018 EARNINGS PER SHARE VIEW $6.21 -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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