Lennar earnings missed by $0.04, revenue topped estimates
Investing.comMonday, June 16, 2025 at 9:50:28 PM
Homebuilding giant Lennar fell just short of Wall Street's earnings expectations, reporting $0.04 less per share than analysts predicted. However, they managed to beat revenue forecasts, suggesting stronger-than-expected home sales despite a tricky housing market.
Editor’s Note: It's a mixed bag for Lennar—investors might be a little disappointed by the earnings miss, but the revenue beat hints that demand for homes is holding up better than feared. This gives us a pulse check on the housing sector, which has been wrestling with high mortgage rates and buyer hesitation. If buyers are still biting, it could signal some underlying resilience in the market.
— Curated via WP Now’s
