LEN - Why Lennar Corporation Stock Slid After Hours | Benzinga
Lennar Corporation (NYSE: LEN) shares are trading lower in Thursday's after-hours session on the heels of the company's fourth-quarter earnings. Here's what you need to know.
What To Know: Lennar reported quarterly earnings of $5.17 per share, topping estimates of $4.59, a 2.99% increase over earnings of $5.02 per share from the same period last year.
The company reported quarterly sales of $10.97 billion which exceeded the analyst consensus estimate of $10.22 billion, a 7.81% increase over sales of $10.17 billion the same period last year.
Revenues from home sales grew 8% to $10.4 billion, from $9.7 billion in the same quarter in 2022, attributed to a 19% increase in the ...