Lennar Corp. (LEN) Misses Q3 EPS by 14c

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Get Alerts LEN Hot Sheet

Price: $85.42 --0%

Revenue Growth %: -5.5%

Financial Fact:
Cash dividends per each Class A and Class B common share: 0.04

Today's EPS Names:
COE, BEKE, BJ, More

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Lennar Corp. (NYSE: LEN) reported Q3 EPS of $4.06, $0.14 worse than the analyst estimate of $4.20. Revenue for the quarter came in at $9.95 billion versus the consensus estimate of $10.06 billion.

Guidance

The following are the Company's expected results of its homebuilding and financial services activities:

	First Quarter 2025
New Orders	17,500 - 18,000
Deliveries	17,000 - 17,500
Average Sales Price	$410,000 - $415,000
Gross Margin % on Home Sales	19.0% - 19.25%
S,G&A as a % of Home Sales	8.7% - 8.8%
Financial Services Operating Earnings	$100 million - $110 million

For earnings history and earnings-related data on Lennar Corp. (LEN) click here.

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