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Lennar, Q3 profit
Lennar Beats Earnings Estimates. The Stock Drops.
Lennar reported third-quarter earnings on Thursday that beat estimates as homes for sale remained in short supply. Yet the company’s shares were falling, even as its executive chairman said stronger demand from home-buyers lies ahead.
US homebuilder Lennar beats Q3 profit estimates on higher home deliveries
Lennar Corp posted a higher third-quarter profit on Thursday, compared with a year earlier, as a historically low housing supply kept demand strong, with declining fixed mortgage rates luring in more skittish buyers to the market.
Lennar 3Q Rev Climbs as Home Deliveries Top Expectations
Revenue rose to $9.42 billion from $8.73 billion a year ago, beating the $9.14 billion expected by analysts. Lennar's deliveries increased 16% to 21,516 homes, with new orders rising 5% to 20,587 homes. The company had most recently guided for home deliveries of 20,500 to 21,000 in the third quarter.
10h
Lennar Stock Drops as Investors Don't Like the Homebuilder's Latest Outlook
Lennar shares dropped Friday despite beating expectations with its fiscal third quarter results after the company’s guidance ...
6h
on MSN
These Stocks Are Moving the Most Today: FedEx, Nike, Constellation Energy, Trump Media, Lennar, and More
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, Nike stock rallies after the ...
11h
Lennar Stock Remains a Buy Despite Gross Margin Concerns
Lennar stock is lower Friday as worries over gross margin estimates offset a fiscal Q3 beat. Here's what you need to know.
14h
Lennar’s Mixed Financial Performance Maintains Hold Rating Amid Margin Concerns and Subdued Growth Outlook
J.P. Morgan analyst Michael Rehaut has maintained their neutral stance on LEN stock, giving a Hold rating today. Michael Rehaut has given his ...
Seeking Alpha
7h
Lennar Corporation (LEN) Q3 2024 Earnings Call Transcript
Thank you for standing by, and welcome to
Lennar
's Third Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a ...
2d
Lennar Corp. Cl A stock outperforms competitors despite losses on the day
Shares of Lennar Corp. Cl A LEN slipped 0.49% to $188.43 Wednesday, on what proved to be an all-around rough trading session ...
18h
Lennar Corporation: Temporary Setbacks Present Buy Opportunity Amidst Strategic Shift
In a report released yesterday, Sam Reid from Wells Fargo maintained a Buy rating on Lennar (LEN – Research Report), with a price target ...
7d
Lennar Q3 2024 Preview: Asset-Light Shift Boosts Outlook, But Valuation Is Stretched
Lennar Corporation's stock surge driven by demand & earnings, facing challenges with housing affordability and valuation.
4d
Lennar buys 205 homesites in Parkland for $53M
Lennar bought 74.9 acres approved for 205 single-family homes in Parkland from land assembler Brian Tuttle for $52.5 million.
3d
Lennar Continues Strategic Expansion Across New Jersey with Launch of Four New Communities This Fall
Lennar, one of the nation's leading homebuilders, today underscored its commitment to the New Jersey market with the ...
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