Lennar Reports Second Quarter EPS of $0.79
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FBR Capital Raises Price Target on Lennar Corp. (LEN) Following 2Q15 Results
June 25, 2015 6:44 AM EDTFBR Capital reiterates an Outperform rating on Lennar (NYSE: LEN), and raised the price target to $59.00 (from $57.00), following LEN's 2Q15 results. LEN reported EPS of $0.79, which exceeded consensus of $0.64.
Analyst Patrick Kealey commented, "We are reiterating our Outperform rating and increasing our price... More
Compass Point Raises Price Target on Lennar Corp. (LEN) Following Q2 EPS Beat
June 24, 2015 1:41 PM EDTCompass Point maintains a Neutral rating on Lennar (NYSE: LEN), and raised the price target to $50.00 (from $49.00), following 2Q15 results. LEN reported 2Q15 EPS of $0.79, beating the Streets consensus estimate of $0.64.
Analyst Wilkes Graham commented, "We maintain our Neutral rating and raise our price target to $50.00 from $49.00 on shares of LEN. LEN reported blowout second quarter earnings characterized by a 15 cent headline beat, 21% closings growth, 18% orders growth, a 20 bp HB margin beat, and a 110 bp SG&A margin beat.... More
Lennar Corp. (LEN) Tops Q2 EPS by 15c
June 24, 2015 6:04 AM EDTLennar Corp. (NYSE: LEN) reported Q2 EPS of $0.79, $0.15 better than the analyst estimate of $0.64. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.02 billion.
Deliveries of 6,015 homes up 21%New orders of 7,271 homes up 18%; new orders dollar value of $2.6... More