Home Earnings Preview Lennar Corporation (LEN) 2Q20 Earnings Sneak Peek

Lennar Corporation (LEN) 2Q20 Earnings Sneak Peek

Lennar Corporation (NYSE:LEN) is expected to report second quarter earnings results, before market open, on Tuesday 16th June 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 1.08 per share.

Looking ahead, the full year income are expected at $ 5.03 per share on the revenues of $ 20275.20 million.

Stock Performance

According to the previous trading day, closing price of LEN was $ 63.50, representing a 149.80 % increase from the 52 week low of $ 25.42 and a 11.04 % decrease over the 52 week high of $ 71.38.

The company has a market capital of $ 19.25 billion and is part of the Consumer Cyclical sector and Residential Construction industry.

Recent Analyst recommendations

On 28th May 2020, initiated by Credit Suisse Group at Neutral rating.

On 12th May 2020, maintained by JPMorgan Chase & Co. at Neutral rating, with $ 57.00 target price.

On 11th May 2020, maintained by CFRA at rating, with $ 56.00 target price.

On 23rd March 2020, maintained by Raymond James at Outperform rating, with $ 41.00 target price.

On 20th March 2020, maintained by Wells Fargo & Co at rating, with $ 36.00 target price.

Conference Call

Lennar Corporation will be hosting a conference call at 11:00 AM eastern time on 16th June 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.webcaster4.com/Webcast/Page/1114/35198