Lennar Beat Expectations

Lennar (LEN) reported earnings of $2.14 per share on revenue of $7.63 billion for the fiscal first quarter ended February 2025. The consensus earnings estimate was $1.74 per share on revenue of $7.51 billion. The Earnings Whisper number was $1.70 per share. The company beat expectations by 25.88% while revenue grew 4.36% on a year-over-year basis.

The company said it expects second quarter revenue of $7.61 billion to $8.20 billion. The current consensus revenue estimate is $8.57 billion for the quarter ending May 31, 2025.

Lennar Corporation is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name.