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Market Impact: 0.32
Lennar (LEN) Lags Q3 Earnings and Revenue Estimates
Source: zacks.com
Corporate EarningsHousing & Real EstateCompany FundamentalsAnalyst Estimates
Lennar reported quarterly EPS of $1.23, missing the Zacks consensus estimate of $1.29 by $0.06, or about 4.7%. Earnings also declined 38.5% from $2.00 per share in the prior-year period, signaling weaker profitability for the homebuilder.
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Overall Sentiment
moderately negative
Sentiment Score
-0.45
Ticker Sentiment
LEN-0.78
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