Lennar (LEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Lennar (LEN) give a sense of how its business performed in the quarter ended August 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.
Homebuilder Stocks Rise as Fed Rate Cut Looks Good For Mortgages
Homebuilder stocks are rising a day after the Federal Reserve kicked off its rate-cutting cycle, lowering the benchmark rate by half a percentage point.
Lennar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Lennar Corporation LEN will release earnings results for its third quarter, after the closing bell on Thursday, Sept. 19.
Homebuilder Giants Lennar, PulteGroup Hit New 52-Week Highs As Rate Cut Closes In
Homebuilder stocks are hitting new highs as anticipation builds ahead of the Federal Reserve's upcoming rate cut decision. Both Lennar Corp LEN and PulteGroup, Inc. PHM surged to 52-week highs on Sept.
Mortgage Rates Are Falling: A Boon for 2 Warren Buffett Stocks
A steady decline in mortgage rates on interest rate cut expectations would boost the stock price of Warren Buffett's beloved housing stocks NVR and Lennar.
Pre-Q3 Earnings Review: Buy, Sell or Hold Lennar Stock?
LEN's fiscal third-quarter performance is likely to have reflected higher deliveries amid lower gross margin and higher SG&A expenses.
Homebuilding Stock Hits Record Highs Before Earnings
Shares of homebuilder Lennar Corp (NYSE:LEN) are hitting record highs today, as they head for their sixth gain in the last seven days.
Stay Ahead of the Game With Lennar (LEN) Q3 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Lennar (LEN) for the quarter ended August 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Lennar Corporation's stock has surged 40% since July 2023, outperforming the S&P 500, driven by strong demand and expanded earnings multiples despite growth deceleration. Lennar's Q3 earnings report will reveal interesting data. I am focusing on its asset-light transition, handling of construction costs, and the impact of declining mortgage rates. The housing affordability crisis persists despite lower mortgage rates, posing long-term challenges for Lennar, potentially squeezing profit margins due to necessary buyer incentives.
Lennar (LEN) Advances But Underperforms Market: Key Facts
In the latest trading session, Lennar (LEN) closed at $180.23, marking a +0.02% move from the previous day.
