Lennar Corp. (LEN) Misses Q3 EPS by 1c, Revenue Beats, Offers Guidance

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Go back to Lennar Corp. (LEN) Misses Q3 EPS by 1c, Revenue Beats, Offers Guidance

Lennar Reports Third Quarter EPS of $4.52

September 20, 2021 4:30 PM EDT

MIAMI, Sept. 20, 2021 /PRNewswire/ --

Net earnings of $1.4 billion, or $4.52 per diluted share, compared to net earnings of $666.4 million, or $2.12 per diluted share both up over 100% Net earnings were $1.0 billion, or $3.27 per diluted share, excluding the mark to market gains on the Company's strategic investmentsDeliveries of 15,199 homes up 10% New orders of 16,277 homes up 5%; new orders dollar value of $7.5 billion up 19% Backlog of 25,819 homes up 31%; backlog dollar value of $12.0 billion up 52% Revenues of $6.9 billion up 18% Homebuilding net... More