Lennar Corp. (LEN) Misses Q3 EPS by 14c
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 | |
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 |
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.