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Stock impact report

Jim Cramer Discusses Lennar (LEN) & Home Prices [Yahoo! Finance]

Lennar Corporation Class A (LEN) 
Last lennar corporation class a earnings: 3/19 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.lennar.com
Company Research Source: Yahoo! Finance
Lennar Corporation (NYSE:LEN) is another major American homebuilder. The shares are down by 15% year-to-date and down by 10.6% since mid-December. On December 16th, Lennar Corporation (NYSE:LEN) reported its earnings for the fiscal year 2025 and the fourth quarter. Its $9.4 billion in revenue beat estimates of $9 billion, while $1.93 in EPS missed $2.21 in estimates. Following the results, Wells Fargo lowered Lennar Corporation (NYSE:LEN)'s share price target to $110 from $125 and kept an Equal Weight rating on the shares. The investing bank explained that the homebuilder's forward guidance was worrisome. As UBS cut KB Home's estimates after the earnings report, Wells reduced them for Lennar Corporation (NYSE:LEN). The bank now expects the homebuilder to post $6 for its fiscal year 2026 earnings. As was the case with Wells, Oppenheimer reduced its fiscal 2026 earnings estimates by 26% for Lennar Corporation (NYSE:LEN) after the earnings report. The firm kept a Perform rating and adde Show less Read more
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