Lennar Corporation (LEN) Q2 2009 Earnings Results

Lennar Corp Misses on EPS, Stock Up 17.52%

Despite missing on EPS expectations, Lennar Corp's stock rose by 17.52% following the earnings report. This increase may reflect investor optimism about the company's ability to manage costs and navigate a tough housing market. The lack of revenue data and guidance leaves some uncertainty about future performance, but the stock reaction suggests confidence among investors.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-0.76	N/A	-33.80%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed caution regarding the current economic environment. They highlighted their commitment to navigating through these challenges.

Management acknowledged the challenging market conditions.

They emphasized a focus on cost management and operational efficiency.

Lennar Corp Misses on EPS, Stock Up 17.52%

Key numbers

Management commentary

Lennar Corporation

More earnings this week

Lennar Corp Misses on EPS, Stock Up 17.52%

Key numbers

Management commentary