🔴 LEN-B is trading 4.8% down today after Lennar Q4 earnings miss

LEN-B is trading at $101.12 (-4.77%) after reporting Q4 EPS of $1.93, missing estimates by $0.28, despite revenue of $9.37B beating expectations.

• Adjusted EPS for the quarter came in at $2.03.
• The disappointing results were attributed to a tough housing market, citing affordability issues and government shutdown impacts.
• LEN-B is bucking the broader market trend, as the S&P 500 is currently up +1.27% amid cool CPI data.