Lennar Q3 2024 GAAP EPS $4.26 Beats $3.68 Estimate, Sales $9.416B Beat $9.164B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lennar reported Q3 2024 earnings per share of $4.26, surpassing the analyst estimate of $3.68 by 15.76%. The company's sales were $9.416 billion, exceeding the expected $9.164 billion and marking a 7.86% increase from the previous year.

September 19, 2024 | 8:32 pm
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Lennar's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $4.26 and sales at $9.416 billion, indicating strong financial performance.
Lennar's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant beat on EPS and the year-over-year sales growth suggest strong operational performance, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100