Lennar Reports Fourth Quarter and Fiscal 2021 Results
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Homebuilder Lennar's (LEN) Stock Falls 6% Despite Q4 Beat
December 15, 2021 5:02 PM ESTLennar Corp. (NYSE: LEN) shares were trading more than 6% lower after-hours, despite the homebuilder reporting strong Q4 results, with EPS coming in at $4.36, ex-items, beating the consensus estimate of $4.15.
Quarterly revenue grew 24% to $8.4 billion (vs. Streets $8.2 billion) primarily due to an 11%... More
Lennar Corp. (LEN) Tops Q4 EPS by 21c
December 15, 2021 4:31 PM ESTLennar Corp. (NYSE: LEN) reported Q4 EPS of $4.36, ex-items, $0.21 better than the analyst estimate of $4.15. Revenue for the quarter came in at $8.4 billion versus the consensus estimate of $8.2 billion.
New orders increased 2% to 15,539 homes; new orders dollar value increased 16% to $7.3 billionBacklog increased 26% to 23,771 homes;... More