Lennar (LEN) reported $8.77 billion in revenue for the quarter ended May 2024, representing a year-over-year increase of 9%. EPS of $3.38 for the same period compares to $2.94 a year ago.The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $8.57 billion. With the consensus EPS estimate being $3.20, the EPS surprise was +5.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectation ...

Lennar (LEN) came out with quarterly earnings of $3.38 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $2.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.63%. A quarter ago, it was expected that this homebuilder would post earnings of $2.21 per share when it actually produced earnings of $2.57, delivering a surprise of 16.29%.Over the last four quarters, the company has sur ...

净收入和利润 - 2024年第二季度净收入达到9.54亿美元，每股摊薄收益为3.45美元，同比增长9%[1] - 2024年第二季度总收入为88亿美元[1] - 2024年第二季度，Lennar公司的总收入为16,078,522千美元，较去年同期增长10.5%[15] - 2024年第二季度，Lennar公司的净利润为1,673,645千美元，较去年同期增长13.9%[15] 订单和交付情况 - 新订单增长19%，达到21,293套住宅[1] - 2024年第三季度预计交付8万套住宅，保持与去年相当的利润率[10] - 2024年第二季度，Lennar公司的新订单总额为21,293千美元，较去年同期增长31.6%[18] - 2024年第二季度，Lennar公司的交付房屋总数为19,690套，较去年同期增长15.3%[18] - 2024年前六个月，Lennar公司新订单总数为39,469套，比2023年同期增长23.4%[19] 业务运营情况 - 房屋建筑运营收入为13亿美元，房屋销售毛利率为22.6%[1] - 2024年第二季度财务服务运营收入为1.46亿美元[5] - 2024年第二季度多功能住宅运营亏损为2,000万美元[6] - 2024年第二季度Lennar其他业务运营亏损为2,800万美元[6] - 2024年第二季度，Lennar公司的房屋建设业务营业利润为2,368,951千美元，较去年同期增长11.7%[15] - 2024年第二季度，Lennar公司的金融服务业务营业利润为278,308千美元，较去年同期增长45.4%[15] - 2024年第二季度，Lennar公司的多户住宅业务亏损为36,113千美元，较去年同期扩大[15] - 2024年第二季度，Lennar公司的其他业务亏损为68,512千美元，较去年同期扩大[15] 其他财务信息 - 2024年第二季度公司回购了价值6.03亿美元的3.8万股普通股[8] - 2024年第二季度，Lennar公司的房屋建设业务净利润率为15.8%，较去年同期略有增长[17] - 2024年第二季度，Lennar公司的东部地区交付房屋均价为402,000美元，较去年同期略有下降[18] - 2024年前六个月，Lennar公司新订单总价值为16,937,258美元，平均销售价格为429,000美元，较2023年同期下降6.2%[19] - 2024年5月31日，Lennar公司总未完成订单数为17,873套，较2023年同期下降11.6%[19]

Second Quarter 2024 Highlights - comparisons to the prior year quarterNet earnings per diluted share increased 15% to $3.45$3.38, excluding mark-to-market losses on technology investments and one-time gain on sale of a technology investmentNet earnings increased 9% to $954 millionNew orders increased 19% to 21,293 homesBacklog of 17,873 homes with a dollar value of $8.2 billionDeliveries increased 15% to 19,690 homesTotal revenues of $8.8 billionHomebuilding operating earnings of $1.3 billionGross margin on ...

CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, including earnings reports from homebuilders Lennar and KB Home, adding that the housing sector can be the "linchpin" of the economy."Last night, I bemoaned that there aren't enough stocks that are compelling away from tech," Cramer said. "Let's see what happens next week, and whether we get enough data that's weak, but not too weak, because it's very hard to imagine the Fed cutting rates until the fal ...

Lennar Corporation (LEN) is slated to report second-quarter fiscal 2024 results (ended May 31) after the closing bell on Jun 17.In the last reported quarter, the company’s earnings topped the Zacks Consensus Estimate by 16.3% but total revenues missed the same by 1.8%. It is to be noted that this Miami-based homebuilder surpassed earnings expectations in the trailing 20 quarters.On a year-over-year basis, fiscal first-quarter earnings and revenues increased 25% and 12.7%, respectively.The Trend in Estimate ...

Loading...Loading...Lennar Corporation LEN will release earnings results for its second quarter, after the closing bell on Monday.Analysts expect the Miami, Florida-based company to report a quarterly earnings at $3.24 per share, up from $3.01 per share in the year-ago period. Lennar is projected to post quarterly revenue of $8.52 billion, compared to $8.05 billion a year earlier, according to data from Benzinga Pro.On April 10, Lennar declared a quarterly cash dividend of 50 cents per share for both Class ...

Analysts on Wall Street project that Lennar (LEN) will announce quarterly earnings of $3.20 per share in its forthcoming report, representing an increase of 8.8% year over year. Revenues are projected to reach $8.57 billion, increasing 6.6% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announ ...

Alistair BergIntroduction Lennar Corporation (NYSE:LEN) is set to report its Q2 earnings on the June 17, after the market closes. I wanted to revisit the company to see how well it performed throughout ’23 and whether it may be a good time to start a position before the company announces the numbers. The latter half of ’23 saw a substantial increase in revenues, fueled by strong demand, however, some economies started to cut interest rates, and the US unemployment figures are starting to creep up, which ...

Luxury high-rise community combines sophistication with convenience in Denver's Golden Triangle NeighborhoodDENVER, June 7, 2024 /PRNewswire/ -- Quarterra Multifamily, a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and property manager, today announced the start of leasing at Dryden, a luxury community that blends urban activity and walkability with the elegance and culture of Denver's thriving Golden Triangle Neighborhood. Dryden is a 420-home high- ...