Lennar Reports Second Quarter EPS of $2.65
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JPMorgan Upgrades Lennar (LEN) to Overweight, Says Transformation Not Reflected in Valuation
June 18, 2021 2:58 AM EDTJPMorgan analyst Michael Rehaut upgraded Lennar (NYSE: LEN) from Neutral to Overweight with a price target of $141.00 (from $115.00).
The analyst comments "We are upgrading LEN to Overweight from Neutral, as following its 2Q (Mayend) earnings and conference call, we view the stock as attractive relative to its... More
Lennar Corp. (LEN) Tops Q2 EPS by 59c
June 16, 2021 4:32 PM EDTLennar Corp. (NYSE: LEN) reported Q2 EPS of $2.95, $0.59 better than the analyst estimate of $2.36. Revenue for the quarter came in at $6.4 billion versus the consensus estimate of $5.88 billion.
Backlog of 24,741 homes up 38%; backlog dollar value of $11.0 billion up 56%For earnings history and earnings-related data on Lennar Corp. (LEN) click here.
... More