Earnings Preview: Lennar
Portfolio Pulse from Benzinga Insights
Lennar Corporation (NYSE:LEN) is scheduled to release its quarterly earnings report on December 14, 2023. Analysts predict an EPS of $4.60. Investors are looking for an earnings beat and positive guidance for future growth. Lennar's past earnings performance shows a mix of price changes post-earnings release, with the last quarter resulting in a 2.5% drop despite an EPS beat. Lennar's stock has risen 48.7% over the past 52 weeks, with shares trading at $140.53 as of December 12.
December 13, 2023 | 6:00 pm
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Lennar is expected to report an EPS of $4.60 in its upcoming earnings, with investors anticipating an earnings beat and positive future guidance. The stock has seen varied post-earnings price movements in the past, but has shown strong annual growth.
While Lennar's earnings beat is anticipated, the stock's reaction to past earnings reports has been mixed, making it difficult to predict short-term price movement. However, the strong annual growth could maintain investor confidence.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100