Lennar: Q1 Earnings Insights

Lennar LEN reported its Q1 earnings results on Wednesday, March 13, 2024 at 04:30 PM.

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

Lennar beat estimated earnings by 17.0%, reporting an EPS of $2.57 versus an estimate of $2.2.

Revenue was up $823.00 million from the same period last year.

Last quarter the company beat on EPS by $0.58 which was followed by a 4.0% drop in the share price the next day.

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

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	4.59	3.51	2.32	1.55
EPS Actual	5.17	3.91	2.94	2.12
Revenue Estimate	10.22B	8.45B	7.18B	5.93B
Revenue Actual	10.97B	8.73B	8.04B	6.49B

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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