Lennar (NYSE: LEN) reported earnings on Jan. 11. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Nov. 30 (Q4), Lennar beat expectations on revenues and whiffed on earnings per share.

Compared to the prior-year quarter, revenue expanded, and earnings per share dropped.

Gross margins grew, operating margins grew, net margins shrank.

Revenue details
Lennar tallied revenue of $953 million. The 12 analysts polled by S&P Capital IQ expected a top line of $898 million. Sales were 11% higher than the prior-year quarter's $860 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
EPS came in at $0.16. The 17 earnings estimates compiled by S&P Capital IQ averaged $0.18 per share. GAAP EPS of $0.16 for Q4 were 5.0% lower than the prior-year quarter's $0.17 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 4.2%, 140 basis points better than the prior-year quarter. Operating margin was 1.2%, 140 basis points better than the prior-year quarter. Net margin was 3.2%, 50 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $659 million. On the bottom line, the average EPS estimate is $0.04.

Next year's average estimate for revenue is $3.4 billion. The average EPS estimate is $0.78.

Investor Sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 483 members out of 1,186 rating the stock outperform, and 703 members rating it underperform. Among 398 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 139 give Lennar a green thumbs-up, and 259 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Lennar is outperform, with an average price target of $20.17.