Lennar's Q1 Earnings Preview

Lennar LEN unveils its next round of earnings this Thursday, March 19. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Based on Lennar management projections, analysts predict EPS of 84 cents on revenue of $4.16 billion.

Lennar EPS in the same period a year ago totaled 74 cents. Sales were $3.87 billion. The Wall Street consensus estimate for earnings would represent a 13.51% increase for the company. Sales would be up 7.55% on a year-over-year basis. Lennar's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the past 52-week period, shares of Lennar have declined 26.84%. Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The average rating by analysts on Lennar stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Lennar is scheduled to hold a conference call at 11:00 a.m. ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1114/33485