Lennar's (LEN) fiscal second-quarter performance is likely to have reflected higher deliveries amid flat gross margin and higher SG&A expenses.
Lennar Corporation LEN will release earnings results for its second quarter, after the closing bell on Monday.
The latest trading day saw Lennar (LEN) settling at $155, representing a +1.82% change from its previous close.
Get a deeper insight into the potential performance of Lennar (LEN) for the quarter ended May 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Lennar Corporation is set to report its Q2 earnings next week. The company's financials have shown a recovery in revenues and a slight dip in margins. Uncertainty remains due to potential interest rate cuts and a decline in existing home sales, leading to a hold rating on the stock.
Lennar (LEN) reachead $159.37 at the closing of the latest trading day, reflecting a +1.05% change compared to its last close.
In the latest trading session, Lennar (LEN) closed at $157.03, marking a +1.93% move from the previous day.