Lennar Reports Second Quarter 2024 Results

Go back to Lennar Reports Second Quarter 2024 Results

UBS Reiterates Buy Rating on Lennar (LEN)

June 18, 2024 6:21 AM EDT

UBS analyst John Lovallo reiterated a Buy rating and $198.00 price target on Lennar (NYSE: LEN).

The analyst comments "LEN reported FY2Q adj. EPS of $3.38, above UBSe/Cons. of $3.25/$3.26. The homebuilding operating profit $ beat vs UBSe was driven by better than expected home sales revenue and adj. gross margin, but homebuilding adj. op.... More

Lennar Corp. (LEN) Tops Q3 EPS by 22c, Offers Guidance

June 17, 2024 4:31 PM EDT

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.

... More