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Lennar's (LEN) Q1 earnings and revenues miss the Zacks Consensus Estimate but increase year over year on the back ... For premium support please call: 800-290-4726 more ways to reach us. Mail ...
The first quarter was tougher than management had hoped, but lower interest rates are bringing buyers back to the housing market.
Shares of Lennar rose 3% on Thursday following the earnings call, but were down 2% on Friday amid broader market weakness. Lennar shares are down about 20% this year with the S&P Homebuilders ETF ...
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding.
To be sure, Lennar noted on its call that homebuyer demand remained strong thanks to a chronic inventory shortage. New orders increased 28% to 18,176 homes in the quarter, higher than the company ...
Lennar (NYSE: LEN) Q4 2024 Earnings Call Dec 19, 2024, 11:00 a.m. ET. ... Our Q1 corporate G&A should be about 2.6% of total revenues, and our charitable foundation contribution will be based on ...
Lennar's adjusted earnings per share came in at $2.94, beating the $2.31 estimate by analysts.
Lennar is also looking to end the year with a bang. For the fourth quarter, Lennar expects to deliver between 21,500 to 22,500 homes, while Bloomberg analysts are estimating 20,446 homes.