Lennar's Q1 2022 Operating Performance Reflects Continued Strength in the Housing Market
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Lennar (LEN) Reports Q1 Beat, Provides Guidance
March 16, 2022 5:34 PM EDTLennar Corp. (NYSE: LEN) reported its Q1 results, with EPS of $2.70 coming in better than the consensus estimate of $2.60. Revenue grew 16% year-over-year to $6.2 billion, compared to the consensus estimate of $6.11 billion. Shares rose 1.3% after-hours on the news.
Revenues from home sales increased 17% to... More
Lennar Corp. (LEN) Tops Q1 EPS by 10c
March 16, 2022 4:31 PM EDTLennar Corp. (NYSE: LEN) reported Q1 EPS of $2.70, $0.10 better than the analyst estimate of $2.60. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.11 billion.
Backlog increased 24% to 27,335 homes; backlog dollar value increased 43% to $13.6 billionFor earnings history and earnings-related data on Lennar Corp. (LEN) click here.
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