Lennar Q3 Earnings & Revenues Beat, Stock Down on Tepid Q4 View [Yahoo! Finance]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: Yahoo! Finance
On a year-over-year basis, revenues increased, given the company's emphasis on maintaining a steady production rate to drive sales momentum. Lennar strategically utilized pricing, incentives, marketing expenditure and dynamic pricing insights to ensure steady sales volume despite fluctuations in interest rates. However, earnings fell by a cent from the year-ago period. LEN's stock plunged 2.4% in the after-hours trading session on Sept. 19. Investors' sentiments might have been hurt by lower earnings and gross margin in the fiscal third quarter, as well as tepid fiscal fourth-quarter guidance. Quarterly Numbers LEN reported adjusted earnings per share (EPS) (excluding mark-to-market gains on technology investments and one-time items in its Multifamily segment) of $3.90, which topped the Zacks Consensus Estimate of $3.62 by 7.7%. The metric, however, slipped 0.3% year over year from $3.91 per share. Lennar Corporation Price, Consensus and EPS Surprise Lennar Corporation pric
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News
- Lennar (LEN) Exceeds Market Returns: Some Facts to Consider [Yahoo! Finance]Yahoo! Finance
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Wells Fargo & Company from $190.00 to $180.00. They now have an "equal weight" rating on the stock.MarketBeat
- Lennar Announces the Grand Opening of Three New Communities in Johnston County, NC [Yahoo! Finance]Yahoo! Finance
- Lennar (LEN) Gains As Market Dips: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Lennar Stock: Heading In The Right Direction, But Economic Uncertainties Remain [Seeking Alpha]Seeking Alpha
LEN
Earnings
- 9/19/24 - Beat
LEN
Sec Filings
- 10/29/24 - Form 4
- 10/28/24 - Form 144
- 10/2/24 - Form 4
- LEN's page on the SEC website