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LEN braces for a tough fiscal second quarter as high mortgage rates and costs weigh on margins, but rising orders and deliveries offer some support.
Lennar Corporation LEN will release earnings results for the second quarter, after the closing bell on Monday, June 16.
Lennar (LEN) closed the most recent trading day at $111.50, moving 1.81% from the previous trading session.
Beyond analysts' top -and-bottom-line estimates for Lennar (LEN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended May 2025.
Lennar, one of the largest homebuilders in America, is due to announce its Q2 results on the 16th of June, after market close, followed by an earnings call on the17th. LEN has underperformed its peers and large-caps YTD, but this upcoming Q2 earnings may surprise positively due to seasonally strong new home orders and low expectations in the street. Gross margins are likely to remain under pressure as Lennar boosts incentives and while construction costs may remain well-controlled, risks of this spiking in H2 should not be ruled out.
Lennar (NYSE:LEN), one of the largest home construction firms in the U.S., plans to release its earnings around June 16, 2025, for a quarter that is expected to have experienced a slowdown in business due to ongoing difficulties in the U.S. housing market caused by high home prices and elevated mortgage rates. The consensus anticipates earnings of approximately $1.96 per share, a decrease from $3.38 per share in the same quarter last year, while revenues are expected to be around $8.2 billion, reflecting a 6% decline from the previous year.
WESLEY CHAPEL, Fla. , June 5, 2025 /PRNewswire/ -- Lennar, one of the nation's leading homebuilders, is now selling at The Townes at Arbors at Wiregrass, a new community of luxury townhomes in Wesley Chapel, FL.
MIAMI , June 3, 2025 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the second quarter ended May 31, 2025 after the market closes on June 16, 2025. Additionally, the Company will host a conference call on June 17, 2025 at 11:00 a.m.
Lennar (LEN) concluded the recent trading session at $106.07, signifying a +0.78% move from its prior day's close.
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