Lennar Corporation ( (LEN) ) has released its Q1 earnings. Here is a breakdown of the information Lennar Corporation presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Lennar Corporation is a leading homebuilder in the United States, known for constructing affordable, move-up, and active adult homes, and providing financial services such as mortgage financing. In its first quarter of 2025, Lennar reported net earnings of $520 million, with a net earnings per diluted share of $1.96. The company delivered 17,834 homes, a 6% increase from the previous year, and achieved total revenues of $7.6 billion. Despite a challenging macroeconomic environment, Lennar maintained a strong balance sheet with $2.3 billion in cash and no outstanding borrowings. Key highlights include the completion of the Millrose Properties spin-off and the acquisition of Rausch Coleman Homes, which expanded Lennar’s market presence. The company continues to focus on its asset-light strategy and efficient production processes. Looking forward, Lennar remains optimistic about its growth, expecting to deliver between 19,500 to 20,500 homes in the second quarter, while maintaining a focus on matching production with sales pace and managing inventory levels.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue