FBR Capital Raises Price Target on Lennar Corp. (LEN) Following 2Q15 Results
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Lennar Reports Second Quarter EPS of $0.79
June 24, 2015 6:00 AM EDTMIAMI, June 24, 2015 /PRNewswire/ --
Net earnings of $183.0 million, or $0.79 per diluted share, compared to net earnings of $137.7 million, or $0.61 per diluted share Deliveries of 6,015 homes up 21% New orders of 7,271 homes up 18%; new orders dollar value of $2.6 billion up 28% Backlog of 8,073 homes up 18%; backlog dollar value of $2.9 billion up 23% Revenues of $2.4 billion up 32% Lennar Homebuilding operating earnings of $292.8 million, compared to $234.5 million up 25%: Operating metrics in this segment exceeded the Company's previously stated... MoreLennar Corporation Declares Quarterly Dividends
June 23, 2015 4:30 PM EDTMIAMI, June 23, 2015 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on July 22, 2015... More
