Lennar Earnings: More Uncertainty On The Horizon
Lennar(LEN) Seeking Alpha·2024-06-11 05:12
Alistair BergIntroduction Lennar Corporation (NYSE:LEN) is set to report its Q2 earnings on the June 17, after the market closes. I wanted to revisit the company to see how well it performed throughout ’23 and whether it may be a good time to start a position before the company announces the numbers. The latter half of ’23 saw a substantial increase in revenues, fueled by strong demand, however, some economies started to cut interest rates, and the US unemployment figures are starting to creep up, which ...