Lennar Corp. (LEN) Tops Q1 EPS by 11c
Lennar Corp. (NYSE: LEN) reported Q1 EPS of $0.63, $0.11 better than the analyst estimate of $0.52. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.86 billion.
- Deliveries of 4,832 homes – up 12%
- New orders of 5,794 homes – up 10%; new orders dollar value of $2.1 billion – up 15%
- Backlog of 7,670 homes – up 13%; backlog dollar value of $2.8 billion – up 19%
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.
