Lennar Corp. (LEN) Tops Q2 EPS by 57c
Lennar Corp. (NYSE: LEN) reported Q2 EPS of $5.17, $0.57 better than the analyst estimate of $4.60. Revenue for the quarter came in at $11 billion versus the consensus estimate of $10.22 billion.
Guidance
The following are the Company's expected results of its homebuilding and financial services activities:
First Quarter 2024 | Fiscal Year 2024 | ||
New Orders | 17,500 - 18,000 | ||
Deliveries | 16,500 - 17,000 | 80,000 | |
Average Sales Price | About | ||
Gross Margin % on Home Sales | 21.0% - 21.25% | ||
S,G&A as a % of Home Sales | 8.0% - 8.2% | ||
Financial Services Operating Earnings |
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.