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Lennar Company (LEN) Earnings: 4Q24 Key Numbers

by Index Investing News
December 30, 2024
in Markets
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Lennar Company (NYSE: LEN) reported complete revenues of $9.9 billion for the fourth quarter of 2024, down 9% from the identical interval final 12 months.

Web earnings attributable to Lennar have been $1.1 billion, or $4.06 per share, in comparison with $1.4 billion, or $4.82 per share final 12 months. Adjusted EPS was $4.03.

New orders decreased 3% to 16,895 properties whereas deliveries dropped 7% to 22,206 properties.

The corporate ended the quarter with a backlog of 11,633 properties with a greenback worth of $5.4 billion.

For the primary quarter of 2025, Lennar expects new orders of 17,500-18,000 properties and deliveries of 17,000-17,500 properties.

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