Lennar LEN unveils its next round of earnings this Thursday, March 19. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Earnings and Revenue
Based on Lennar management projections, analysts predict EPS of 84 cents on revenue of $4.16 billion.
Lennar EPS in the same period a year ago totaled 74 cents. Sales were $3.87 billion. The Wall Street consensus estimate for earnings would represent a 13.51% increase for the company. Sales would be up 7.55% on a year-over-year basis. Lennar's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q4 2019 | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 1.900 | 1.320 | 1.140 | 0.76 | 1.93 |
| EPS Actual | 2.130 | 1.590 | 1.300 | 0.74 | 1.96 |
Stock Performance
Over the past 52-week period, shares of Lennar have declined 26.84%. Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The average rating by analysts on Lennar stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Lennar is scheduled to hold a conference call at 11:00 a.m. ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/1114/33485
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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