Lennar (NYSE:LEN – Get Free Report) issued an update on its fourth quarter earnings guidance on Friday morning. The company provided EPS guidance of $4.10-4.25 for the period, compared to the consensus EPS estimate of $4.66. Lennar also updated its Q4 2024 guidance to 4.100-4.250 EPS.
Lennar Stock Performance
NYSE LEN opened at $182.19 on Friday. The stock has a market capitalization of $50.03 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 1.61 and a beta of 1.61. The business’s 50 day moving average is $176.53 and its two-hundred day moving average is $163.99. Lennar has a 12-month low of $102.90 and a 12-month high of $193.80. The company has a current ratio of 4.93, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08.
Lennar (NYSE:LEN – Get Free Report) last released its quarterly earnings data on Thursday, September 19th. The construction company reported $3.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.62 by $0.28. The firm had revenue of $9.42 billion during the quarter, compared to analysts’ expectations of $9.14 billion. Lennar had a return on equity of 15.93% and a net margin of 11.58%. Lennar’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.91 earnings per share. Research analysts expect that Lennar will post 14.16 EPS for the current year.
Analyst Ratings Changes
Check Out Our Latest Stock Report on Lennar
About Lennar
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties.
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