How did LGIH's revenue and expenses trend in Q4 2024 compared to previous quarters?

**LGIH's revenue showed a seasonal fluctuation with a significant increase in Q4 2024 compared to the previous quarter**, while expenses did not have data for Q4 2024. 1. **Revenue Trend**: - Q4 2024: Total revenue was $557.4 million. - Q3 2024: Total revenue was $651.85 million. - Q2 2024: Total revenue was $602.5 million. - Q1 2024: Total revenue was $390.85 million. - It is clear that Q4 2024 revenue exceeded the previous quarter's revenue, indicating a seasonal peak in sales. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |LGIH|LGIH.O|LGI Homes|2023 Q4|24.60809974972453|6.08414E8|185| |LGIH|LGIH.O|LGI Homes|2024 Q1|-19.801911124699142|3.90851E8|185| |LGIH|LGIH.O|LGI Homes|2024 Q2|-6.628698064376152|6.02497E8|185| |LGIH|LGIH.O|LGI Homes|2024 Q3|5.556734068617528|6.51854E8|185| 2. **Expense Trend**: There are no available data on LGIH's expenses for Q4 2024. However, we do have data for the previous quarter's expenses. - Q3 2024: SG&A expenses were $83.2 million, which is 12.8% of revenue. - Q2 2024: SG&A expenses were $52.9 million, which is 8.8% of revenue. - Q1 2024: SG&A expenses were $30.5 million, which is 5.1% of revenue. - The trend of SG&A expenses as a percentage of revenue has been decreasing from Q1 2024 to Q2 2024, but without Q4 2024 data, it is uncertain if this trend continued. 3. **Insights from Related Reports**: - Wedbush analyst J. Mccanless forecasted that LGI Homes will post earnings of $2.83 per share for Q4 2024, down from their previous forecast of $2.94. - Seaport Res Ptn analyst K. Zener boosted his Q2 2024 earnings estimates for LGI Homes, expecting $2.89 per share, up from $2.70. In conclusion, LGIH's revenue trend in Q4 2024 showed a strong performance compared to the previous quarter, while the trend of expenses as a percentage of revenue has been decreasing. However, the absolute amount of expenses is not provided for Q4 2024, so it is not possible to determine the exact trend of expenses in that quarter.