Lennar Corp. (LEN) Tops Q1 EPS by 63c

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Lennar Reports Second Quarter 2023 Results

June 14, 2023 4:35 PM EDT

Second Quarter 2023 Highlights 

Net earnings per diluted share of $3.01$2.94, excluding mark-to-market gains on technology investmentsNet earnings of $872 million$852 million, excluding mark-to-market gains on technology investmentsDeliveries of 17,074 homesNew orders of 17,885 homes with a dollar value of $8.2 billionBacklog of 20,214 homes with a dollar value of $9.5 billionTotal revenues of $8.0 billionHomebuilding operating earnings of $1.2 billionGross margin on home sales of... More