Lennar Corp Class A
LEN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !?n | LOCK|><@ | LOCK|?N>^!Z& |
Lennar Earnings: Weak Housing Demand Weighs on Results; Shares Undervalued
Lennar posted mixed fiscal third-quarter results, as volume and pricing declined over 3% year over year but remained flattish sequentially. Earnings per share came in at $1.23 after excluding losses on investments and other one-time items.
