Lennar Reports Fourth Quarter EPS of $2.42
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Lennar (LEN) PT Lowered to $53 at RBC Capital
January 10, 2019 6:53 AM ESTRBC Capital analyst Mike Dahl lowered the price target on Lennar (NYSE: LEN) to $53.00 (from $58.00) while maintaining a Outperform rating.
... MoreLennar Corp. (LEN) Reports In-Line Q4 EPS, Revenues Miss; 'Deferring Guidance for FY19 Until Markets Further Define Themselves'
January 9, 2019 6:04 AM ESTLennar Corp. (NYSE: LEN) reported Q4 EPS of $1.96, in-line with the analyst estimate of $1.96. Revenue for the quarter came in at $6.46 billion versus the consensus estimate of $6.55 billion.
Net earnings of $796.1 million, or $2.42 per diluted share, compared to $309.6 million, or $1.29 per diluted share, which includes the following:$0.58 per diluted share related to the gain on sale of Rialto investment and asset management platform,... More