Lennar, Q3
Lennar Q3 Earnings & Revenues Beat, Stock Down on Tepid Q4 View
LEN's third-quarter fiscal 2024 results reflect higher deliveries and orders. Yet, lower home prices and gross margins ail the bottom line.
US homebuilder Lennar posts bigger Q3 profit on higher home deliveries
Lennar Corp posted a higher third-quarter profit on Thursday, compared with a year earlier, as a historically low housing supply kept demand strong, with declining fixed mortgage rates luring in more skittish buyers to the market.
Lennar stock slides after disappointing Q4 margin guidance as Q3 earnings beat
The homebuilder expects its Q4 gross margin on home sales to stay flat with Q3's 22.5%, missing the Visible Alpha consensus of 24.3%. Lennar (LEN) expects Q4 deliveries of 22,500-23,000 (midpoint 22,750) vs. Visible Alpha consensus of 22,902, average sales ...
Lennar Corp. Reveals Advance In Q3 Profit, Beats Estimates
Lennar Corp. (LEN.B) reported a profit for its third quarter that increased from last year and beat the Street estimates. The
Lennar: Fiscal Q3 Earnings Snapshot
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.62 per share.
US Homebuilder Lennar Beats Q3 Profit Estimates on Higher Home Deliveries
The company said it expects to deliver between 22,500 and 23,000 homes in the fourth quarter, compared with analysts' average estimate of 22,916 homes, according to LSEG data. Lennar delivered 21,516 homes in the third quarter ended Aug. 31, higher than the 18,559 units a year earlier.
US homebuilder Lennar posts higher Q3 profit
Lennar Corp posted a higher third-quarter profit on Thursday, compared with a year earlier, as a historically low housing supply kept demand strong, with declining fixed mortgage rates luring in more skittish buyers to the market.
Lennar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Lennar Corporation (NYSE:LEN) will release earnings results for its third quarter, after the closing bell on Thursday, Sept ...
Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Lennar Corporation's stock surge driven by demand & earnings, facing challenges with housing affordability and valuation.
Lennar (NYSE:LEN) Posts Better-Than-Expected Sales In Q3
Homebuilder Lennar (NYSE:LEN) reported Q3 CY2024 results exceeding the market’s revenue expectations with sales up 7.9% year ...
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Lennar (LEN) Q3 Earnings and Revenues Beat Estimates
Lennar (LEN) came out with quarterly earnings of $3.90 per share, beating the Zacks Consensus Estimate of $3.62 per share. This compares to earnings of $3.91 per share a year ago. These figures are ...
Lennar Stock Remains a Buy Despite Gross Margin Concerns
Lennar stock is lower Friday as worries over gross margin estimates offset a fiscal Q3 beat. Here's what you need to know.
Lennar 3Q Rev Climbs as Home Deliveries Top Expectations
Lennar said revenue climbed in its fiscal third quarter after ending the period with higher-than-expected home deliveries. The Miami-based homebuilder on Thursday posted a profit of $1.16 billion, or ...