Lennar (NYSE:LEN – Get Free Report) issued an update on its fourth quarter 2024 earnings guidance on Friday morning. 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 Price Performance
Shares of 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 business’s 50-day moving average is $176.53 and its two-hundred day moving average is $164.01. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 4.93. 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 announced 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. The company had revenue of $9.42 billion during 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%. Lennar’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $3.91 earnings per share. Research analysts predict that Lennar will post 14.16 earnings per share for the current year.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on LEN
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.
Featured Stories
- Five stocks we like better than Lennar
- CD Calculator: Certificate of Deposit Calculator
- Onsemi Could Be Set Up For a Solid Rebound: Here’s Why
- What is a Secondary Public Offering? What Investors Need to Know
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- How to Calculate Return on Investment (ROI)
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
Receive News & Ratings for Lennar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennar and related companies with MarketBeat.com's FREE daily email newsletter.