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Benzinga
Benzinga
Business
Dylan Berman

Lennar Shares Are Trading Lower Friday: What's Going On?

LEN Lennar
Irving,,Texas,,Usa,-,March,19,,2022:,Lennar,Dfw,Division

Lennar Corporation (NYSE:LEN) shares are trading lower Friday after the company reported worse-than-expected third quarter financial results on Thursday.

What To Know: Lennar reported adjusted earnings per share of $2.00, missing the consensus estimate of $2.10. In addition, the company reported sales of $8.81 billion, missing the consensus estimate of $8.99 billion.

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