Q3 2024 Earnings Call Transcript September 20, 2024 Operator: Thank you for standing by, and welcome to Lennar’s Third ...

In our view, Lennar has a strong balance sheet and plenty of liquidity. At the end of fiscal third quarter 2024, Lennar had more homebuilding segment cash ($4.0 billion) than debt ($2.3 billion).

Lennar's balance sheet will remain very strong after the spin-off with, we believe, consistent earnings and cash flow to continue to pay down debt and repurchase stock. Because Lennar's inventory is ...

Lennar stock is lower Friday as worries over gross margin estimates offset a fiscal Q3 beat. Here's what you need to know.