Lennar (LEN) Q2 Earnings & Revenues Beat Estimates, Orders Up
LENLennar(LEN) ZACKS·2024-06-18 23:36

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 plun ...