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Barchart
Barchart
Kritika Sarmah

Lennar’s Quarterly Earnings Preview: What You Need to Know

LEN Lennar

Lennar Corporation (LEN) is one of the largest and most established homebuilding companies in the United States, headquartered in Miami, Florida. With a market capitalization of around $30.1 billion, Lennar focuses on the development, construction, and sale of residential properties, including single-family attached and detached homes, townhomes, and multifamily rental communities across multiple U.S. regions.

The company is slated to announce its first-quarter earnings results soon. Ahead of this event, analysts project this company to report a profit of $0.96 per share, down 55.1% from $2.14 per share in the year-ago quarter. The company has surpassed Wall Street’s bottom-line estimates in one of the last four quarters, while missing on three other occasions. 

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