Lennar Sees Q3 New Orders 20,500-21,000, Avg. Sales Price $420K-$425K
Portfolio Pulse from Benzinga Newsdesk
Lennar Corporation has projected new orders for Q3 to be between 20,500 and 21,000, with an average sales price ranging from $420,000 to $425,000.
June 17, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lennar Corporation has projected new orders for Q3 to be between 20,500 and 21,000, with an average sales price ranging from $420,000 to $425,000. This indicates strong demand and potentially positive revenue growth for the company.
The projected new orders and average sales price suggest strong demand for Lennar's homes, which is likely to positively impact the company's revenue and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100