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.

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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

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