NEW YORK (TheStreet) -- Lennar Corp. (LEN) shares closed Monday's trading session up 0.76% to $46.70 on expectations that the Miami-based home building company will post a year-over-year increase in earnings.
When it reports its fiscal 2016 first quarter earnings on Tuesday before the opening bell, Wall Street is expecting the company to earn 52 cents a share on revenue of $1.86 billion.
A year ago, the company earned 50 cents a share on revenue of $1.644 billion.
Higher selling prices will likely lift financial results however, rising land and construction costs may put pressure on its gross margins, according to Zacks Equity Research.
Separately, TheStreet Ratings currently has a "Buy" rating on the stock with a letter grade of B.
The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles' author.
You can view the full analysis from the report here: LEN