Lennar Reports Fourth Quarter and Fiscal 2023 Results

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Lennar (LEN) falls as margins are sacrificed to drive revenue beat

December 15, 2023 5:47 AM EST

Lennar Corp. (NYSE: LEN) offered a forecast for the first quarter that exceeded expectations, with new orders projected to be between 17,500 and 18,000, surpassing the consensus estimate of 16,493.

In the fourth quarter, the company reported adjusted EPS of $5.17, beating the $5.02 from the previous year and... More

Lennar Corp. (LEN) Tops Q2 EPS by 57c

December 14, 2023 4:35 PM EST

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... More