Lennar (LEN) stock is lower Tuesday after the homebuilder beat analysts' expectations for its fiscal second-quarter results but issued a soft deliveries outlook for its fiscal third quarter.In the three months ended May 31, Lennar's revenue increased 9% year-over-year to $8.8 billion. The boost in sales was driven by a 15% jump in deliveries to 19,690 homes, while new orders were up 19% to 21,293 homes. Lennar also said earnings per share (EPS) rose 14.6% from the year-ago period to $3.45.Subscribe to Kipli ...

Lennar Corporation (LEN) reported second-quarter fiscal 2024 results, wherein its earnings and revenues surpassed the Zacks Consensus Estimate. On a year-over-year basis, both the top and bottom lines increased, given the company’s emphasis on maintaining a steady production rate to drive sales momentum. Lennar strategically utilized pricing, incentives, marketing expenditure and dynamic pricing insights to ensure steady sales volume despite fluctuations in interest rates.However, the company’s shares plung ...

The homebuilder said home deliveries in Q3 could come in below estimatesShares of homebuilder Lennar Corp (NYSE:LEN) are down 2.2% at $153.10, despite the company beating fiscal second-quarter earnings and revenue estimates. Lennar reported year-over-year increases in home deliveries and new orders, but expects the former to fall below analysts' expectations in the third quarter.LEN is continuing to distance itself from its March 28, record high of $172.59. The security still has support in place at its 160 ...

Loading...Loading...U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.2% on Tuesday.Shares of NextEra Energy, Inc. NEE fell sharply in today's pre-market trading after the company announced plans to sell equity units.After the market close on Monday, NextEra Energy announced that it intends to sell $2 billion of equity units consisting of a contract to purchase NextEra Energy common stock and a 5% undivided beneficial ownership interest in a NextEra Energy Capital Holdings ...

文章核心观点 - 雷纳公司(Lennar)第二财季业绩超出分析师预期,但第三财季交付量预期低于预期 [1][2][5][6][7] - 尽管房地产市场受到利率上升和消费者情绪下降的影响,但购房者对增加的销售优惠仍有反应 [8][9] - 公司股价可能在150美元附近的交易区间下沿找到买盘支撑,但跌破该水平可能会形成双顶形态 [4][10][11] 公司业绩 - 第二财季每股收益为3.45美元,超出预期3.33美元 [7] - 第二财季收入为87.7亿美元,同比增长9%,超出预期84.8亿美元 [7] - 新订单增加19%,积压订单为17,873套,总金额为82亿美元 [7] - 平均每套房价从上年同期的449,000美元下降至426,000美元 [9] 行业情况 - 第三财季交付量预期为20,500-21,000套,中值20,750套低于分析师预期20,917套 [2][6] - 房地产市场受到利率上升和消费者情绪下降的影响,但购房者对增加的销售优惠仍有反应 [8]

Lennar (LEN) reported $8.77 billion in revenue for the quarter ended May 2024, representing a year-over-year increase of 9%. EPS of $3.38 for the same period compares to $2.94 a year ago.The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $8.57 billion. With the consensus EPS estimate being $3.20, the EPS surprise was +5.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectation ...

Lennar (LEN) came out with quarterly earnings of $3.38 per share, beating the Zacks Consensus Estimate of $3.20 per share. This compares to earnings of $2.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.63%. A quarter ago, it was expected that this homebuilder would post earnings of $2.21 per share when it actually produced earnings of $2.57, delivering a surprise of 16.29%.Over the last four quarters, the company has sur ...

净收入和利润 - 2024年第二季度净收入达到9.54亿美元，每股摊薄收益为3.45美元，同比增长9%[1] - 2024年第二季度总收入为88亿美元[1] - 2024年第二季度，Lennar公司的总收入为16,078,522千美元，较去年同期增长10.5%[15] - 2024年第二季度，Lennar公司的净利润为1,673,645千美元，较去年同期增长13.9%[15] 订单和交付情况 - 新订单增长19%，达到21,293套住宅[1] - 2024年第三季度预计交付8万套住宅，保持与去年相当的利润率[10] - 2024年第二季度，Lennar公司的新订单总额为21,293千美元，较去年同期增长31.6%[18] - 2024年第二季度，Lennar公司的交付房屋总数为19,690套，较去年同期增长15.3%[18] - 2024年前六个月，Lennar公司新订单总数为39,469套，比2023年同期增长23.4%[19] 业务运营情况 - 房屋建筑运营收入为13亿美元，房屋销售毛利率为22.6%[1] - 2024年第二季度财务服务运营收入为1.46亿美元[5] - 2024年第二季度多功能住宅运营亏损为2,000万美元[6] - 2024年第二季度Lennar其他业务运营亏损为2,800万美元[6] - 2024年第二季度，Lennar公司的房屋建设业务营业利润为2,368,951千美元，较去年同期增长11.7%[15] - 2024年第二季度，Lennar公司的金融服务业务营业利润为278,308千美元，较去年同期增长45.4%[15] - 2024年第二季度，Lennar公司的多户住宅业务亏损为36,113千美元，较去年同期扩大[15] - 2024年第二季度，Lennar公司的其他业务亏损为68,512千美元，较去年同期扩大[15] 其他财务信息 - 2024年第二季度公司回购了价值6.03亿美元的3.8万股普通股[8] - 2024年第二季度，Lennar公司的房屋建设业务净利润率为15.8%，较去年同期略有增长[17] - 2024年第二季度，Lennar公司的东部地区交付房屋均价为402,000美元，较去年同期略有下降[18] - 2024年前六个月，Lennar公司新订单总价值为16,937,258美元，平均销售价格为429,000美元，较2023年同期下降6.2%[19] - 2024年5月31日，Lennar公司总未完成订单数为17,873套，较2023年同期下降11.6%[19]

Second Quarter 2024 Highlights - comparisons to the prior year quarterNet earnings per diluted share increased 15% to $3.45$3.38, excluding mark-to-market losses on technology investments and one-time gain on sale of a technology investmentNet earnings increased 9% to $954 millionNew orders increased 19% to 21,293 homesBacklog of 17,873 homes with a dollar value of $8.2 billionDeliveries increased 15% to 19,690 homesTotal revenues of $8.8 billionHomebuilding operating earnings of $1.3 billionGross margin on ...

CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, including earnings reports from homebuilders Lennar and KB Home, adding that the housing sector can be the "linchpin" of the economy."Last night, I bemoaned that there aren't enough stocks that are compelling away from tech," Cramer said. "Let's see what happens next week, and whether we get enough data that's weak, but not too weak, because it's very hard to imagine the Fed cutting rates until the fal ...