Lennar Corp Class A
LEN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&M | LOCK|jj | LOCK|yNZ&<g |
Lennar Earnings: Margin Performance Continues to Be Weak, but Valuation Is Attractive
Lennar posted a weak set of results, partially due to recent softness in the US housing market and elevated mortgage rates. The firm reported adjusted EPS of $1.31 during the quarter, down 31% year over year.
