Lennar Corp (LEN, Financial) is set to release its Q3 2024 earnings on Sep 19, 2024. The consensus estimate for Q3 2024 revenue is $9.16 billion, and the earnings are expected to come in at $3.68 per share. The full year 2024's revenue is expected to be $35.32 billion and the earnings are expected to be $14.36 per share. More detailed estimate data can be found on the Forecast page.
Lennar Corp (LEN, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Lennar Corp (LEN) have seen a slight decrease for the full year 2024, moving from $35.43 billion to $35.32 billion, while the estimate for 2025 has increased from $38.07 billion to $38.16 billion. Earnings estimates have also been adjusted, with a decrease from $14.61 per share to $14.36 per share for the full year 2024, and a decrease from $16.40 per share to $16.20 per share for 2025.
Lennar Corp (LEN, Financial) Reported History
In the previous quarter of 2024-05-31, Lennar Corp's (LEN) actual revenue was $8.77 billion, which beat analysts' revenue expectations of $8.52 billion by 2.9%. Lennar Corp's (LEN) actual earnings were $3.45 per share, which beat analysts' earnings expectations of $3.30 per share by 4.58%. After releasing the results, Lennar Corp (LEN) was down by -4.98% in one day.
Lennar Corp (LEN, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 15 analysts, the average target price for Lennar Corp (LEN) is $185.53 with a high estimate of $240 and a low estimate of $144. The average target implies a downside of -2.02% from the current price of $189.36.
Based on GuruFocus estimates, the estimated GF Value for Lennar Corp (LEN, Financial) in one year is $140.28, suggesting a downside of -25.92% from the current price of $189.36.
Based on the consensus recommendation from 21 brokerage firms, Lennar Corp's (LEN, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
