Lennar posts $240 million Q1 profit

Lennar home / Builder

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

Builder

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.

READ ON:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.