Lennar Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Lennar Corporation (NYSE:LEN) is set to release its Q2 earnings after the closing bell on Monday. Analysts expect an increase in both earnings per share and revenue compared to the same period last year. Recent analyst ratings show a mix of Buy, Neutral, and Underperform ratings with varying price targets.
June 14, 2024 | 12:06 pm
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Lennar Corporation is expected to report higher Q2 earnings and revenue compared to last year. Analysts have mixed ratings with price targets ranging from $144 to $198.
The expectation of higher earnings and revenue is generally positive for the stock. However, the mixed analyst ratings introduce some uncertainty. The overall impact is likely to be positive in the short term, but the range of price targets suggests varying levels of confidence among analysts.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100