Lennar 3/13/2024 Earnings Report

Lennar EPS Results

• Actual EPS: $2.57
• Consensus EPS: $2.20
• Beat/Miss: Beat by +$0.37
• One Year Ago EPS: $2.06

Lennar Revenue Results

• Actual Revenue: $7.31 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Lennar Announcement Details

• Date: 3/13/2024
• Time: After Market Closes
• Conference Call Date: N/A
• Conference Call Time: N/A

Lennar (NYSE:LEN.B), 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. It primarily sells single-family attached and detached homes in communities targeted to first-time, move-up, active adult, and luxury homebuyers. The company also offers residential mortgage financing, title insurance, and closing services for home buyers and others. In addition, it involves in the fund investment activity; and originates and sells into securitizations commercial mortgage loans. Further, the company develops, constructs, and manages multifamily rental properties. Lennar Corporation was founded in 1954 and is based in Miami, Florida.