Lennar Corp. (NYSE: LEN) reported Q4 EPS of $1.34, versus the consensus of $1.28. Revenue for the quarter came in at $3.38 billion, versus $2.95 billion reported last year.

• Deliveries of 8,228 homes – up 7%
• New orders of 6,598 homes – up 9%; new orders dollar value of $2.4 billion – up 12%
• Backlog of 7,623 homes – up 15%; backlog dollar value of $2.9 billion – up 17%
• Revenues of $3.4 billion – up 15%
• Lennar Homebuilding operating earnings of $436.7 million, compared to $437.5 million
• Gross margin on home sales of 23.3%, compared to 24.6% in Q4 2015, improved sequentially 70 basis points from Q3 2016
• S,G&A expenses as a % of revenues from home sales improved to 8.7% from 9.2% in Q4 2015, improved sequentially 60 basis points from Q3 2016
• Operating margin on home sales of 14.6%, compared to 15.5% in Q4 2015, improved sequentially 140 basis points from Q3 2016
• Lennar Financial Services operating earnings of $51.4 million, compared to $33.8 million
• Rialto operating earnings (net of noncontrolling interests) of $8.0 million, compared to $7.6 million
• Lennar Multifamily operating earnings of $41.4 million, compared to $10.2 million
• Lennar Homebuilding cash and cash equivalents of $1.1 billion
• No outstanding borrowings under the $1.8 billion credit facility
• Lennar Homebuilding debt to total capital, net of cash and cash equivalents, of 33.4%, compared to 42.2% in Q4 2015

For earnings history and earnings-related data on Lennar Corp. (LEN) click here.