Lennar Before Q3 Earnings: Should You Buy, Sell or Hold the Stock?
Key Takeaways Lennar expects Q3 EPS of 2.20, down 45.6% Y/Y on weaker margins and lower ASP.Home deliveries may rise 5.6% Y/Y, but average selling prices are projected to drop 9.3%.New orders could grow 9.7% Y/Y, yet backlog is forecast to fall 9.1% with revenues down 16.7%.Lennar Corporation (LEN) is slated to report third-quarter fiscal 2025 results (ended Aug. 31) after the closing bell on Sept. 18.In the last reported quarter, the company’s adjusted earnings missed the Zacks Consensus Estimate by ...