Lennar Corp. (LEN) Reports Q2 EPS of $0.95

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. SMCI
6. GOOGL
7. RTX
8. COF
9. TSLA
10. META

Go back to Lennar Corp. (LEN) Reports Q2 EPS of $0.95

Lennar Reports Second Quarter EPS of $0.95

June 21, 2016 6:00 AM EDT

MIAMI, June 21, 2016 /PRNewswire/ --

Net earnings of $218.5 million, or $0.95 per diluted share, compared to net earnings of $183.0 million, or $0.79 per diluted share Deliveries of 6,724 homes up 12% New orders of 7,962 homes up 10%; new orders dollar value of $2.9 billion up 11% Backlog of 9,014 homes up 12%; backlog dollar value of $3.3 billion up 15% Revenues of $2.7 billion up 15% Lennar Homebuilding operating earnings of $342.7 million, compared to $292.8 million up 17% Gross margin on home sales of 23.1%, compared to 23.8% in Q2 2015, improved sequentially 40 basis points from Q1 2016... More