Lennar Corp. (LEN) Tops Q3 EPS by 22c, Offers Guidance
Tweet
Share
E-mail
Get Alerts LEN Hot Sheet
Revenue Growth %: -5.1%
Financial Fact:
Lennar Financial Services: 123.96M
Today's EPS Names:
DTGI, CRMT, STZ, More
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Craig-Hallum Starts Aviat Networks (AVNW) at Buy
- Magnificent 7 stocks lose $2.3 trillion in June
- Arcutis launches virtual platform linking patients to dermatologists
Create E-mail Alert Related Categories
Earnings, Guidance, Hot EarningsRelated Entities
Earnings, Maynard Um, Mark Zuckerberg, ARKSign 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!
