Lennar Corp. (LEN) Tops Q2 EPS by 3c
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Price: $83.06 +6.38%
Revenue Growth %: -5.0%
Financial Fact:
Equity in earnings (loss) from unconsolidated entities: 24.18M
Today's EPS Names:
OCCI, ALZN, ASPU, More
Revenue Growth %: -5.0%
Financial Fact:
Equity in earnings (loss) from unconsolidated entities: 24.18M
Today's EPS Names:
OCCI, ALZN, ASPU, More
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Lennar Corp. (NYSE: LEN) reported Q2 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $764.5 million versus the consensus estimate of $643.1 million.
Key items:
Key items:
- New orders of 3,204 homes – up 41% from Q1 2011; flat with Q2 2010
- Cancellation rate of 17%
- Backlog of 2,470 homes – up 27% from Q1 2011; down 1% from Q2 2010
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