Lennar (NYSE:LEN) reported its Q2 earnings results on Wednesday, June 14, 2023 at 04:35 PM.
Here’s what investors need to know about the announcement.
Earnings
Lennar beat estimated earnings by 26.72%, reporting an EPS of $2.94 versus an estimate of $2.32.
Revenue was down $314.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.57 which was followed by a 0.58% drop in the share price the next day.
Here’s a look at Lennar’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.55 | 4.89 | 4.91 | 3.98 |
| EPS Actual | 2.12 | 5.02 | 5.18 | 4.69 |
| Revenue Estimate | 5.93B | 10.10B | 9.03B | 8.11B |
| Revenue Actual | 6.49B | 10.17B | 8.93B | 8.36B |
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.
