Lennar Corp. (LEN) Reports Q2 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 EDT

FBR 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