Lennar Reports Second Quarter EPS of $0.95
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FBR Capital Remains Bullish on Lennar Corp. (LEN) Following Strong 2Q Report
June 22, 2016 6:51 AM EDTFBR Capital reiterated an Outperform rating and $60.00 price target on Lennar (NYSE: LEN) following the company's 2Q earnings report. LEN reported EPS of $0.95, which exceeded both consensus expectations of $0.87. Homebuilding revenues improved 17% versus the prior year as ASP for the quarter grew 4% over that time period to... More
Lennar Corp. (LEN) Reports Q2 EPS of $0.95
June 21, 2016 6:03 AM EDTLennar Corp. (NYSE: LEN) reported Q2 EPS of $0.95, versus $0.79 reported last year. Revenue for the quarter came in at $2.75 million, versus $2.39 million reported last year.
Deliveries of 6,724 homes up 12%New orders of 7,962 homes up 10%; new orders dollar value of $2.9 billion up... More