Lennar (LEN) Revenue — Quarter Ended Aug 31, 2024
Lennar Corporation reported increased revenue for the reported quarter. Growth was achieved relative to both the immediately preceding quarter and the same quarter one year earlier.
Key takeaway
Quarter ended Aug 31, 2024 · FY2024 Q3
Lennar Corporation reported increased revenue for the reported quarter. Growth was achieved relative to both the immediately preceding quarter and the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.4B
Revenue reported for this quarter.
Quarter-over-quarter
+7.4%
Change from the immediately preceding quarter.
Year-over-year
+7.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$36.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Nov 30, 2023 | $11B | +7.8% |
| Feb 29, 2024 | $7.3B | +12.7% |
| May 31, 2024 | $8.8B | +9.0% |
| Aug 31, 2024 | $9.4B | +7.9% |
Revenue performance
Revenue rose sequentially and year over year, reflecting continued business momentum.
Quarterly comparison
The sequential increase from the preceding quarter was solid, while the year-over-year gain was also positive and moderately higher than the quarter-on-quarter pace.
What to watch
Monitor whether revenue growth can sustain its recent pace in upcoming quarters.