Lennar Corp. (LEN) Tops Q1 EPS by $1.49, Revenues Beat

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Go back to Lennar Corp. (LEN) Tops Q1 EPS by $1.49, Revenues Beat

Lennar Reports First Quarter EPS of $3.20

March 16, 2021 4:30 PM EDT

MIAMI, March 16, 2021 /PRNewswire/ --

Net earnings of $1.0 billion, or $3.20 per diluted share, compared to net earnings of $398.5 million, or $1.27 per diluted share both up over 150% Excluding the pretax gain of $469.7 million ($358.7 million after tax) related to the mark to market of a strategic investment that went public, EPS would have been $2.04 per diluted share Deliveries of 12,314 homes up 19% New orders of 15,570 homes up 26%; new orders dollar value of $6.5 billion up 31% Backlog of 22,077 homes up 25%; backlog dollar value of $9.5 billion up 32% Revenues of $5.3... More