Lennar Corporation (NYSE:LEN) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Call Transcript December 19, 2024 Operator: Please continue to standby for today’s conference call. The call will begin momentarily. Again, please continue to stand by and thank you for your patience.
Lennar shares fall as Q4 earnings miss estimates, guidance disappoints
Lennar posted adjusted earnings per share of $4.03 for the quarter ended November 30, missing the analyst consensus of $4.20. Revenue came in at $9.95 billion, below estimates of $10.06 billion but up 8% YoY. The company delivered 22,206 homes in Q4, with an average sales price of $430,000, slightly down from last year.
Lennar reports Q4 results below estimates on increased cost from higher interest rates
Lennar Corp missed Wall Street estimates for fourth-quarter profit and revenue on Wednesday, as potential buyers remained reluctant to buy homes due to volatile mortgage rates, sending its shares down 7.
Lennar Corp. Q4 Profit Decreases, Misses Estimates
Lennar Corp. (LEN.B) revealed earnings for fourth quarter that decreased from the same period last year and missed the Street
Lennar: Fiscal Q4 Earnings Snapshot
The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.16 per share. The homebuilder posted revenue of $9.95 billion in the period, which also fell short of Street forecasts.
Lennar Misses Expectations for Fiscal Q4
The homebuilder came up short on the top and bottom lines, largely due to higher mortgage rates impacting demand.
Lennar falls on Q4 results
Alan Ratner, Zelman & Associates managing director, joins 'Closing Bell Overtime' to talk Lennar falling on Q4 results.
Lennar's Q4 Earnings Results Are Not Looking Great For 2025
Lennar Corporation's Q4 and full-year 2024 results missed expectations. Despite Lennar's potential REIT spinoff, see why I maintain my Hold rating on LEN stock.
LEN's Q4 Earnings & Revenues Miss Estimates, Stock Down on Y/Y Decline
Lennar Corporation LEN reported tepid fourth-quarter fiscal 2024 results, wherein its adjusted earnings and total revenues missed the Zacks Consensus Estimate and declined year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Hosted on MSN8h
BTIG Downgrades Lennar (LEN)
Fintel reports that on December 20, 2024, BTIG downgraded their outlook for Lennar (NYSE:LEN) from Buy to Neutral. Analyst ...
Lennar Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
JP Morgan analyst Michael Rehaut maintained a Neutral rating and slashed the price target from $192 to $173 on Dec. 13. This ...
Jim Cramer Explains How Lennar Corporation (LEN) ‘Could Face Challenges’
We recently compiled a list of the Jim Cramer’s Game Plan for This Week: 8 Stocks in Focus. In this article, we are going to ...
Business Insider1d
Lennar Corporation Reports Strong Fiscal Year End
Lennar Corporation ( (LEN)) has released its Q4 earnings. Here is a breakdown of the information Lennar Corporation presented to its investors. Lennar Corporation is a leading homebuilder ...
Lennar: Weak Q4 Results Significantly Dampen The 2025 Outlook (Rating Downgrade)
Lennar's Q4 deliveries fell 7%, and new orders missed guidance by a significant margin. Click here to read why I have ...
MarketWatch2d
Premarket movers: Micron Technology, Lennar Corporation
Lennar Corporation shares fell 9% in Thursday’s premarket session after the homebuilder blamed rising mortgage costs for a slowdown in its sales that saw it fall short of analysts expectations.
Yahoo Finance3d
Lennar Subsidiary Makes SEC Filing Regarding Planned Spin-Off
MIAMI, Dec. 18, 2024 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar"), one of the nation's leading homebuilders, announced that its recently formed subsidiary, Millrose ...
Fort Worth Business Press2d
Lennar and Base Power to Provide Homeowners a Battery-Powered Home Energy Service in Key Texas Markets
Lennar, one of the nation's leading homebuilders, today announced plans to equip select Lennar communities in the Austin and ...
Business Insider1d
Lennar price target lowered to $145 from $165 at Wells Fargo
Wells Fargo lowered the firm’s price target on Lennar (LEN) to $145 from $165 and keeps an Equal Weight rating on the shares. The firm still doesn’t see a buying opportunity, telling investors in a ...