Lennar Gears Up For Q4 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Lennar Corporation (NYSE:LEN) is expected to report Q4 earnings of $4.61 per share, slightly up from $4.55 per share a year ago, with revenues estimated at $10.22 billion versus $10.17 billion. The results are due after market close on Dec. 14, 2023. Lennar's stock closed down 0.4% at $139.96. Barclays, Wells Fargo, JP Morgan, Citigroup, and UBS analysts have recently updated their price targets and ratings for Lennar, with most maintaining positive outlooks and one neutral stance.
December 14, 2023 | 8:51 am
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Lennar Corporation is anticipated to report a slight increase in Q4 earnings and revenue. Analysts have recently updated their price targets, with most maintaining a positive outlook and one neutral, indicating a generally bullish sentiment.
The anticipation of Lennar's Q4 earnings, coupled with recent positive price target adjustments by analysts, suggests a bullish sentiment that could lead to a short-term positive impact on the stock price. The slight increase in expected earnings and revenue, along with the positive ratings, indicate that investors may react favorably to the earnings release.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100