LSEA Q1 Loss Wider Than Expectations, Revenues Up Y/Y, Stock Soars 60%

Landsea Homes Corporation LSEA reported lackluster first-quarter 2025 results, wherein adjusted earnings and total revenues missed the Zacks Consensus Estimate. On a year-over-year basis, the bottom line tumbled while the top line grew.During the quarter, the company witnessed growth in home closing volume, which was partially offset by lower home...