Lennar Corporation (LEN-B)
Pre-Market:
- Barrons.com
These Stocks Are Moving the Most Today: FedEx, Nike, Trump Media, Lennar, and More
FedEx cuts its fiscal-year outlook following weaker-than-expected fiscal first-quarter earnings, while Nike stock rallies after the company announces CEO John Donahoe will be retiring.
- Barrons.com
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. Lennar reported earnings of $4.26 a diluted share on $9.4 billion in revenue, beating FactSet consensus estimates that had called for earnings of $3.64 a share on about $9.1 billion in revenue. The three months ended Aug. 31 was “another solid quarter backed by an economic environment that remains very constructive for homebuilders,” Stuart Miller, the executive chairman and co-chief executive officer, said in a statement.
- Zacks
Lennar (LEN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Lennar (LEN) give a sense of how its business performed in the quarter ended August 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
