Lennar Company (NYSE: LEN) reported whole revenues of $9.9 billion for the fourth quarter of 2024, down 9% from the identical interval final yr.

Web earnings attributable to Lennar had been $1.1 billion, or $4.06 per share, in comparison with $1.4 billion, or $4.82 per share final yr. Adjusted EPS was $4.03.

New orders decreased 3% to 16,895 houses whereas deliveries dropped 7% to 22,206 houses.

The corporate ended the quarter with a backlog of 11,633 houses with a greenback worth of $5.4 billion.

For the primary quarter of 2025, Lennar expects new orders of 17,500-18,000 houses and deliveries of 17,000-17,500 houses.

Prior efficiency