Lennar Corp. (LEN) Tops Q3 EPS by 22c, Offers Guidance
Lennar Corp. (NYSE: LEN) reported Q3 EPS of $3.45, $0.22 better than the analyst estimate of $3.23. Revenue for the quarter came in at $8.77 billion versus the consensus estimate of $8.51 billion.
Guidance
The following are the Company's expected results of its homebuilding and financial services activities for the third quarter of 2024:
Third Quarter 2024 | ||
New Orders | 20,500 - 21,000 | |
Deliveries | 20,500 - 21,000 | |
Average Sales Price | ||
Gross Margin % on Home Sales | About 23.0% | |
S,G&A as a % of Home Sales | 7.3% - 7.5% | |
Financial Services Operating Earnings |
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.