Lennar Corp. (LEN) Tops Q1 EPS by 63c
Tweet
Share
E-mail
Get Alerts LEN Hot Sheet
EPS Growth %: -34.0%
Financial Fact:
Diluted earnings per share: 0.63
Today's EPS Names:
KG, NHC, NATH, More
Join SI Premium – FREE
Lennar Corp. (NYSE: LEN) reported Q1 EPS of $2.94, $0.63 better than the analyst estimate of $2.31. Revenue for the quarter came in at $8.05 billion versus the consensus estimate of $7.18 billion.
Guidance
The following are the Company's expected results of its homebuilding and financial services activities for the third quarter and fiscal year 2023:
Third Quarter 2023 | Fiscal Year 2023 | ||
New Orders | 18,000 - 19,000 | ||
Deliveries | 17,750 - 18,250 | 68,000 - 70,000 | |
Average Sales Price | Consistent with Q2 2023 | ||
Gross Margin % on Home Sales | 23.5% - 24.0% | ||
S,G&A as a % of Home Sales | 6.7% - 6.8% | ||
Financial Services Operating Earnings |
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
- Minerva Neurosciences (NERV) Tops Q2 EPS by 5c
- 'Sell America' trade returns as Fed, yen risks mount
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
