For the quarter ended November 2024, Lennar (LEN) reported income of $9.95 billion, down 9.3% over the identical interval final 12 months. EPS got here in at $4.03, in comparison with $5.17 within the year-ago quarter.
The reported income represents a shock of -2.12% over the Zacks Consensus Estimate of $10.16 billion. With the consensus EPS estimate being $4.16, the EPS shock was -3.12%.
Whereas traders scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher mission a inventory’s worth efficiency.
Right here is how Lennar carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Deliveries – Common gross sales worth – Whole: $430 in comparison with the $424.86 common estimate primarily based on 5 analysts.
- Deliveries – Properties: 22,206 versus the four-analyst common estimate of twenty-two,906.
- Backlog – Properties: 11,633 versus the four-analyst common estimate of 13,180.
- Energetic Communities – Whole: 1,447 in comparison with the 1,372 common estimate primarily based on 4 analysts.
- New orders – Properties: 16,895 in comparison with the 19,139 common estimate primarily based on 4 analysts.
- Income- Monetary Providers: $304.55 million versus the six-analyst common estimate of $288.55 million. The reported quantity represents a year-over-year change of -0.1%.
- Income- Homebuilding- Gross sales of properties: $9.50 billion in comparison with the $9.70 billion common estimate primarily based on six analysts. The reported quantity represents a change of -9% 12 months over 12 months.
- Income- Homebuilding- Gross sales of land: $39.57 million versus $18.75 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -37.7% change.
- Income- Multifamily: $88.92 million versus $109.12 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -36.9% change.
- Income- Homebuilding- Different homebuilding: $8.13 million versus the two-analyst common estimate of $8.14 million. The reported quantity represents a year-over-year change of -16.2%.
- Income- Homebuilding: $9.55 billion versus the two-analyst common estimate of $9.77 billion. The reported quantity represents a year-over-year change of -9.2%.
- Income- Lennar Different: $4.74 million in comparison with the $4.97 million common estimate primarily based on two analysts. The reported quantity represents a change of -28.4% 12 months over 12 months.
View all Key Company Metrics for Lennar here>>>
Shares of Lennar have returned -10.2% over the previous month versus the Zacks S&P 500 composite’s +3.2% change. The inventory presently has a Zacks Rank #4 (Promote), indicating that it might underperform the broader market within the close to time period.
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Lennar Corporation (LEN) : Free Stock Analysis Report
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