◆ NeutralLENLEN.B
Why Lennar (LEN) Dipped More Than Broader Market Today
Zacks Investment Research·
Lennar (LEN) closed down 2.57% in the latest trading session. The homebuilder faces significant headwinds with projected EPS declining 34.50% and revenue falling 5.42% for the upcoming quarter. Full-year estimates show earnings down 32.26% and revenue down 5.6% year-over-year. The stock carries a Zacks Rank of #4 (Sell) with a Forward P/E of 15.82, trading at a premium to its industry average.
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