Lennar Corp. (LEN) Reports Q4 EPS of $1.21

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Lennar Reports Fourth Quarter EPS of $1.21

December 18, 2015 6:00 AM EST

MIAMI, Dec. 18, 2015 /PRNewswire/ --

2015 Fourth Quarter

Net earnings of $281.6 million, or $1.21 per diluted share, compared to $245.3 million, or $1.07 per diluted share Deliveries of 7,657 homes up 10% New orders of 6,053 homes up 10%; new orders dollar value of $2.1 billion up 20% Backlog of 6,646 homes up 14%; backlog dollar value of $2.5 billion up 25% Revenues of $2.9 billion up 14% Lennar Homebuilding operating earnings of $437.5 million, compared to $375.1 million  up 17% Operating metrics in this segment were in line with the Company's previously stated... More