Lennar (NYSE:LEN – Get Free Report) updated its fourth quarter 2024 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 4.100-4.250 for the period, compared to the consensus estimate of 4.650. The company issued revenue guidance of -. Lennar also updated its Q4 guidance to $4.10-4.25 EPS.
Lennar Stock Down 5.3 %
Shares of NYSE LEN opened at $182.19 on Monday. The company has a market capitalization of $50.03 billion, a P/E ratio of 12.39, a P/E/G ratio of 1.61 and a beta of 1.61. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.93 and a quick ratio of 0.91. The company has a 50 day simple moving average of $176.53 and a 200-day simple moving average of $164.01. Lennar has a 1 year low of $102.90 and a 1 year high of $193.80.
Lennar (NYSE:LEN – Get Free Report) last posted its earnings results on Thursday, September 19th. The construction company reported $3.90 EPS for the quarter, beating analysts’ consensus estimates of $3.62 by $0.28. The company had revenue of $9.42 billion for the quarter, compared to the consensus estimate of $9.14 billion. Lennar had a return on equity of 15.93% and a net margin of 11.58%. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.91 earnings per share. On average, equities research analysts predict that Lennar will post 14.16 earnings per share for the current year.
Wall Street Analysts Forecast Growth
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Lennar Company Profile
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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