Lennar Reports Third Quarter EPS of $1.01

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FBR Capital Reiterates Outperform on Lennar Corp. (LEN) Following EPS Beat

September 21, 2016 8:02 AM EDT

FBR Capital reiterated an Outperform rating and $60.00 price target on Lennar Corp. (NYSE: LEN) following the company's 3Q earnings report. LEN reported headline EPS of $1.01, which exceeded the consensus expectations of $0.90.

Analyst Patrick Kealey commented, "We reiterate our Outperform rating and $60 price target... More