Lennar Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Lennar (NYSE:LEN)

Core Insights - Lennar Corporation is set to release its third-quarter earnings results on September 18, with expected earnings of $2.09 per share, down from $3.90 per share in the same period last year [1] - The company anticipates quarterly revenue of $9.05 billion, a decrease from $9.42 billion year-over-year [1] Management Changes - On August 4, Lennar announced the retirement of general counsel Mark Sustana and COO Fred Rothman, appointing Katherine Lee Martin as the new chief legal officer [2] Stock Performance - Lennar shares experienced a slight decline of 0.3%, trading at $133.37 [2] Analyst Ratings - Wells Fargo analyst Sam Reid maintained an Equal-Weight rating and raised the price target from $110 to $135 [5] - Keefe, Bruyette & Woods analyst Jade Rahmani maintained a Market Perform rating and reduced the price target from $128 to $114 [5] - Wedbush analyst Laura Chico reiterated a Neutral rating with a price target of $130 [5] - Evercore ISI Group analyst Stephen Kim maintained an In-Line rating and cut the price target from $131 to $114 [5] - RBC Capital analyst Mike Dahl maintained a Sector Perform rating and lowered the price target from $122 to $98 [5]