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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 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.
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 ...
1d
on MSN
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 ...
7d
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.
14h
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.
1d
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 ...
Nasdaq
1d
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 ...
1d
on MSN
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 ...
KELO
1d
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 ...
Investor's Business Daily on MSN
10h
This S&P 500 Stock Falls On Earnings Despite Expected Tailwind From Fed Rate Cuts
S&P 500 component Lennar stock fell after reporting falling average sale prices amid otherwise better-than-expected ...
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