Lennar Corp. (LEN) Tops Q1 EPS by 10c; Backlog Up 82%
Tweet
Share
E-mailGet Alerts LEN Hot Sheet
Price: $83.58 -1.03%
Revenue Growth %: -5.6%
Financial Fact:
Equity in earnings (loss) from unconsolidated entities: 3M
Today's EPS Names:
PMCB, CULP, HURC, More
Revenue Growth %: -5.6%
Financial Fact:
Equity in earnings (loss) from unconsolidated entities: 3M
Today's EPS Names:
PMCB, CULP, HURC, More
Join SI Premium – FREE
Lennar Corp. (NYSE: LEN) reported Q1 EPS of $0.26, $0.10 better than the analyst estimate of $0.16. Revenue for the quarter came in at $989.9 million versus the consensus estimate of $897.99 million.
* Deliveries of 3,186 homes were up 28 percent
* New orders of 4,055 homes were up 34 percent; cancellation rate of 15 percent
* Backlog of 4,922 homes were up 82 percent; backlog dollar value of $1.5 billion was up 105 percent
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.
* Deliveries of 3,186 homes were up 28 percent
* New orders of 4,055 homes were up 34 percent; cancellation rate of 15 percent
* Backlog of 4,922 homes were up 82 percent; backlog dollar value of $1.5 billion was up 105 percent
For earnings history and earnings-related data on Lennar Corp. (LEN) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- StoneX Starts Lennar (LEN) at Hold
- Goldman Sachs sees bond markets as speed limiter for stocks
- Lynx Equity sees Micron and SanDisk breakout as volatility normalizes
Create E-mail Alert Related Categories
EarningsRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
