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.

You May Also Be Interested In

• SolarEdge (SEDG) PT Lowered to $31 at Jefferies, 'We see shares as an unappealing short, not a compelling long'
• Dollar Tree (DLTR) Tops Q2 EPS by $1.59, Beats on Revenue; Offers FY Guidance
• Deutsche Bank cuts Novo Nordisk to Sell after earnings, shares dip