Recap: Lennar Q2 Earnings - Lennar (NYSE:LEN)

Lennar LEN reported its Q2 earnings results on Wednesday, June 14, 2023 at 04:35 PM.

Here's what investors need to know about the announcement.

Lennar beat estimated earnings by 26.72%, reporting an EPS of $2.94 versus an estimate of $2.32.

Revenue was down $314.00 million from the same period last year.

Last quarter the company beat on EPS by $0.57 which was followed by a 0.58% drop in the share price the next day.

Here's a look at Lennar's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	1.55	4.89	4.91	3.98
EPS Actual	2.12	5.02	5.18	4.69
Revenue Estimate	5.93B	10.10B	9.03B	8.11B
Revenue Actual	6.49B	10.17B	8.93B	8.36B

To track all earnings releases for Lennar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.