Lennar Reports Second Quarter EPS of $0.79
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Go back to Lennar Reports Second Quarter EPS of $0.79
June 25, 2015 6:44 AM EDT
FBR Capital reiterates an Outperform rating on Lennar (NYSE: LEN), and raised the price target to $59.00 (from $57.00), following LEN's 2Q15 results. LEN reported EPS of $0.79, which exceeded consensus of $0.64.
Analyst Patrick Kealey commented, "We are reiterating our Outperform rating and increasing our price... More
June 24, 2015 1:41 PM EDT
Compass Point maintains a Neutral rating on Lennar (NYSE: LEN), and raised the price target to $50.00 (from $49.00), following 2Q15 results. LEN reported 2Q15 EPS of $0.79, beating the Streets consensus estimate of $0.64.
Analyst Wilkes Graham commented, "We maintain our Neutral rating and raise our price target to $50.00 from $49.00 on shares of LEN. LEN reported blowout second quarter earnings characterized by a 15 cent headline beat, 21% closings growth, 18% orders growth, a 20 bp HB margin beat, and a 110 bp SG&A margin beat.... More
June 24, 2015 6:04 AM EDT
Lennar Corp. (NYSE: LEN) reported Q2 EPS of $0.79, $0.15 better than the analyst estimate of $0.64. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.02 billion.
Deliveries of 6,015 homes up 21%New orders of 7,271 homes up 18%; new orders dollar value of $2.6...
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