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Lennar's average sales price of $430,000 for the quarter fell from $441,000 a year earlier, owing to adjustments in prices caused by an increased use of incentives and a changing product mix.
Lennar's adjusted earnings per share came in at $2.94, beating the $2.31 estimate by analysts. ... incentives, including rate buydowns and production costs in order to enable customers to afford ...
Image source: The Motley Fool. Lennar (NYSE: LEN) Q4 2024 Earnings Call Dec 19, 2024, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
In 2023, the company was ranked 119th on the Fortune 500. [5] Lennar stock (LEN) was added to the New York Stock Exchange in 1982 and as of 2024 has a market cap of around $47 billion. [6] The name Lennar is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen. [7]
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Lennar's (LEN) land investment plan and dynamic pricing are likely to help it gain in the future. However, higher costs and incentives are risks. Lennar (LEN) Core Homebuilding Business Solid Amid ...
The 2023 Players Championship was the 49th playing of the Players Championship, having been played at TPC Sawgrass in Ponte Vedra Beach, Florida from March 9–12. The winner was Scottie Scheffler , who shot a 69 in the final round to finish at 271 (−17) to win his first Players Championship, five strokes ahead of runner-up Tyrrell Hatton .
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 ...