Lennar Reports First Quarter EPS of $1.27
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
Lennar Corp. (LEN) Tops Q1 EPS by 43c, Revenues Beat
March 19, 2020 6:02 AM EDTLennar Corp. (NYSE: LEN) reported Q1 EPS of $1.27, $0.43 better than the analyst estimate of $0.84. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.16 billion.
Net earnings of $398.5 million, or $1.27 per diluted share, compared to net earnings of $239.9 million, or $0.74 per diluted shareDeliveries of 10,321 homes up 17%New orders of 12,376 homes up 18%; new orders dollar value of $5.0 billion up 20%Backlog of 17,632 homes up 2%; backlog dollar value of $7.2 billion up 1%Revenues of $4.5 billion up 16%Homebuilding operating margins of $474.3 million, compared to $384.9 millionGross... More