NYSE$LEN
Lennar Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Lennar reported first quarter results, exceeding expectations across key metrics. However, guidance was suspended due to widespread shutdowns.
Lennar Corporation reported a strong first quarter with significant increases in deliveries, new orders, and revenue. Net earnings attributable to Lennar were $398.5 million, or $1.27 per diluted share, compared to $239.9 million, or $0.74 per diluted share in the prior year. The company has suspended guidance due to the economic uncertainty.
- Net earnings per diluted share increased to $1.27 from $0.74.
- Home deliveries rose by 17% to 10,321 homes.
- New orders increased by 18% to 12,376 homes, with a dollar value of $5.0 billion, up 20%.
- Total revenues increased by 16% to $4.5 billion.
Headline financials
Revenue & EPS history
Lennar · Revenue · Quarterly
$4.51B
Revenue by segment
Lennar · $4.51B total across 4 segments · Q1 2020
- Homebuilding$4.17B+15.1%92.6%
- Financial Services$199M+38.6%4.4%
- Multifamily$133M+36.2%2.9%
- Lennar Other$1.94M-46.9%0.0%
Forward guidance
Lennar has suspended its forward guidance due to the economic uncertainty caused by widespread shutdowns.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2020
+1.0%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+3.3%
Avg return
30 days after
57%
39 / 69 earnings
Positive
+12.1%
Q1 2021
Best reaction
-8.6%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -3.4% | — | — | |
| Q4 2025 | -1.1% | -9.0% | +0.9% | |
| Q3 2025 | -4.3% | -5.4% | -5.3% | |
| Q2 2025 | +1.6% | +1.6% | +22.5% | |
| Q1 2025 | -4.0% | -1.8% | -12.8% | |
| Q1 2026 | -2.2% | -0.4% | -11.5% | |
| Q4 2024 | -8.6% | -8.9% | -6.6% | |
| Q3 2024 | -3.3% | -2.2% | +0.3% | |
| Q2 2024 | -4.1% | -2.3% | +7.3% | |
| Q1 2024 | -7.9% | -5.6% | -3.7% | |
| Q4 2023 | +2.8% | +2.4% | +4.5% | |
| Q3 2023 | -1.0% | +1.1% | -5.8% | |
| Q2 2023 | +3.3% | +3.5% | +14.9% | |
| Q1 2023 | +1.2% | +4.6% | +4.9% | |
| Q4 2022 | +4.1% | -0.5% | +9.1% | |
| Q3 2022 | +0.7% | -4.1% | -4.5% | |
| Q2 2022 | +4.7% | +11.3% | +27.0% | |
| Q1 2022 | +3.5% | +2.3% | -11.0% | |
| Q4 2021 | -2.4% | -4.8% | -2.7% | |
| Q3 2021 | -3.5% | -1.3% | +0.9% | |
| Q2 2021 | +2.3% | +5.5% | +3.7% | |
| Q1 2021 | +12.1% | +5.6% | +14.3% | |
| Q4 2020 | +8.2% | +7.6% | +3.7% | |
| Q3 2020 | -2.0% | +2.2% | +7.5% | |
| Q2 2020 | +7.9% | +1.6% | +15.3% | |
| Q1 2020 | +10.2% | +15.1% | +38.8% | |
| Q4 2019 | +1.0% | +6.0% | +20.7% | |
| Q3 2019 | +5.0% | +6.5% | +9.3% | |
| Q2 2019 | -7.5% | -5.7% | -7.1% | |
| Q1 2019 | +0.1% | -1.6% | +4.7% | |
| Q4 2018 | +5.3% | +5.4% | +7.3% | |
| Q3 2018 | -4.4% | -2.8% | -7.5% | |
| Q2 2018 | +4.1% | +6.7% | +6.7% | |
| Q1 2018 | +12.1% | +6.5% | -4.6% | |
| Q4 2017 | +4.3% | +3.9% | -12.0% | |
| Q3 2017 | +6.8% | +5.8% | +4.3% | |
| Q2 2017 | +1.0% | -1.2% | +1.0% | |
| Q1 2017 | -3.7% | -3.1% | -1.5% | |
| Q4 2016 | -1.0% | -2.0% | +2.0% | |
| Q3 2016 | -3.6% | -4.4% | -8.2% | |
| Q2 2016 | -1.5% | -4.1% | +4.7% | |
| Q1 2016 | +2.4% | — | — | |
| Q4 2015 | -1.3% | — | — | |
| Q3 2015 | -4.4% | — | — | |
| Q2 2015 | +5.0% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | -5.6% | — | — | |
| Q3 2014 | +5.8% | — | — | |
| Q2 2014 | +0.2% | — | — | |
| Q1 2014 | -4.3% | — | — | |
| Q4 2013 | +5.2% | — | — | |
| Q3 2013 | +5.4% | — | — | |
| Q2 2013 | +2.9% | — | — | |
| Q1 2013 | +2.3% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -3.3% | — | — | |
| Q2 2012 | +7.2% | — | — | |
| Q1 2012 | +4.8% | — | — | |
| Q2 2011 | -3.5% | — | — | |
| Q4 2010 | -3.5% | — | — | |
| Q4 2011 | -3.5% | — | — | |
| Q3 2011 | +2.0% | — | — | |
| Q1 2010 | -0.3% | — | — | |
| Q1 2011 | -0.3% | — | — | |
| Q4 2008 | +1.4% | — | — | |
| Q2 2010 | +1.4% | — | — | |
| Q4 2009 | +6.0% | — | — | |
| Q3 2009 | +6.0% | — | — | |
| Q3 2010 | +6.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro