Lennar Corp. (LEN) Misses Q1 EPS by 2c, Revenues Miss
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Lennar Reports First Quarter EPS of $0.74
March 27, 2019 6:00 AM EDTMIAMI, March 27, 2019 /PRNewswire/ --
Net earnings of $239.9 million, or $0.74 per diluted share, compared to net earnings of $136.2 million, or $0.53 per diluted share Deliveries of 8,820 homes up 30% New orders of 10,463 homes up 24%; new orders dollar value of $4.2 billion up 23% Backlog of 17,259 homes down 2%; backlog dollar value of $7.1 billion down 7% Revenues of $3.9 billion up 30% Homebuilding operating margins of $384.9 million, compared to $258.1 million Gross margin on home sales of 20.1%, compared to 19.5% S,G&A expenses as a % of revenues from home sales of... More