Lennar Corporation is a leading home construction and real estate development company that focuses on building and selling residential communities
The company operates across various segments, including single-family homes, multi-family homes, and commercial properties, catering to a diverse range of customers from first-time homebuyers to luxury home purchasers. In addition to construction, Lennar also provides financial services and mortgage brokerage solutions, facilitating home financing for its buyers. With a strong emphasis on sustainability and community development, the company strives to create innovative, quality living spaces that enhance the overall quality of life for its residents.
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Homebuilder Lennar (NYSELEN) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 9.3% year on year to $9.95 billion. Its GAAP profit of $4.06 per share was 2.5% below analysts’ consensus estimates.
