What To Expect From Lennar’s (LEN) Q4 Earnings
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Lennar will report Q4 earnings on Tuesday. Last quarter, it missed revenue expectations by 2.7%, with revenues of $8.81 billion, down 6.4% year on year. Analysts expect an 8.2% revenue decline to $9.13 billion and adjusted earnings of $2.18 per share this quarter. Lennar has missed revenue estimates three times in the last two years. Positive investor sentiment has driven share prices up 5% in the last month. The average analyst price target is $127.13, compared to the current share price of $119.86.
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