Lennar Corp. (LEN) Tops Q2 EPS by 51c, Offers Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to Lennar Corp. (LEN) Tops Q2 EPS by 51c, Offers Guidance

Lennar Reports Second Quarter EPS of $1.65

June 15, 2020 4:35 PM EDT

MIAMI, June 15, 2020 /PRNewswire/ --

Net earnings of $517.4 million, or $1.65 per diluted share, up from net earnings of $421.5 million, or $1.30 per diluted share, a 27% increase in earnings per share  Deliveries of 12,672 homes consistent with prior year New orders of 13,015 homes down 10%; new orders dollar value of $4.9 billion down 16% Backlog of 17,975 homes down 6%; backlog dollar value of $7.1 billion down 8% Revenues of $5.3 billion down 5% Homebuilding operating margins of $636.2 million, up from $608.3 million Gross margin on home sales of 21.6%, up... More