Lennar Corp. (LEN) Tops Q4 EPS by 21c

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Homebuilder Lennar's (LEN) Stock Falls 6% Despite Q4 Beat

December 15, 2021 5:02 PM EST

Lennar Corp. (NYSE: LEN) shares were trading more than 6% lower after-hours, despite the homebuilder reporting strong Q4 results, with EPS coming in at $4.36, ex-items, beating the consensus estimate of $4.15.

Quarterly revenue grew 24% to $8.4 billion (vs. Streets $8.2 billion) primarily due to an 11%... More