Recap: Lennar Q4 Earnings

Lennar (NYSE:LEN) reported its Q4 earnings results on Thursday, December 14, 2023 at 04:34 PM. Here’s what investors…

Lennar (NYSE:LEN) reported its Q4 earnings results on Thursday, December 14, 2023 at 04:34 PM.

Here’s what investors need to know about the announcement.

Earnings

Lennar beat estimated earnings by 12.64%, reporting an EPS of $5.17 versus an estimate of $4.59.

Revenue was up $794.18 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.4 which was followed by a 2.5% drop in the share price the next day.

Here’s a look at Lennar’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 3.51 2.32 1.55 4.89
EPS Actual 3.91 2.94 2.12 5.02
Revenue Estimate 8.45B 7.18B 5.93B 10.10B
Revenue Actual 8.73B 8.04B 6.49B 10.17B

To track all earnings releases for Lennar visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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