Lennar revenue beats on soaring home prices; shares up
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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
