Lennar Corp. (LEN) Tops Q1 EPS by 5c
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Lennar Reports First Quarter EPS of $0.50
March 19, 2015 6:00 AM EDTMIAMI, March 19, 2015 /PRNewswire/ --
Net earnings of $115.0 million, or $0.50 per diluted share, compared to net earnings of $78.1 million, or $0.35 per diluted share Deliveries of 4,302 homes up 19% New orders of 5,287 homes up 18%; new orders dollar value of $1.8 billion up 25% Backlog of 6,817 homes up 20%; backlog dollar value of $2.4 billion up 24% Revenues of $1.6 billion up 21% Lennar Homebuilding operating earnings of $207.6 million, compared to $162.2 million up 28%: Operating metrics in this segment were in line with the Company's previously stated... More