Lennar (NYSE:LEN – Get Free Report) updated its fourth quarter 2024 earnings guidance on Friday. The company provided EPS guidance of 4.100-4.250 for the period, compared to the consensus EPS estimate of 4.650. The company issued revenue guidance of -. Lennar also updated its Q4 guidance to $4.10-4.25 EPS.
Lennar Stock Performance
LEN opened at $182.19 on Friday. The company has a quick ratio of 0.91, a current ratio of 4.93 and a debt-to-equity ratio of 0.08. The firm has a market cap of $50.03 billion, a PE ratio of 12.39, a P/E/G ratio of 1.61 and a beta of 1.61. The business has a fifty day simple moving average of $176.53 and a 200-day simple moving average of $163.99. Lennar has a fifty-two week low of $102.90 and a fifty-two week high of $193.80.
Lennar (NYSE:LEN – Get Free Report) last released its quarterly earnings results on Thursday, September 19th. The construction company reported $3.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.28. Lennar had a net margin of 11.58% and a return on equity of 15.93%. The business had revenue of $9.42 billion for the quarter, compared to analyst estimates of $9.14 billion. During the same quarter in the previous year, the business earned $3.91 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. As a group, equities analysts predict that Lennar will post 14.16 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
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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