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Lennar posts $240 million Q1 profit

Posted by   /  March 28, 2019  /  No Comments

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Lennar home / Builder

Despite market ‘choppiness,’ deliveries and orders surge while backlog slips.

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Lennar Corporation (NYSE: LEN and LEN.B), today reported net income of $239.9 million, or $0.74 per diluted share, for its first fiscal quarter ended February 28, 2019. The gain compared to first quarter net earnings attributable to Lennar in 2018 of $136.2 million, or $0.53 per diluted share. Analysts were expecting a gain of $0.75 per share.

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  • Published: 8 months ago on March 28, 2019
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  • Last Modified: March 28, 2019 @ 8:54 am
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