Lennar: beats consensus in Q1
(CercleFinance.com) - Lennar has published Q1 net income of 53 cents per share, which has more than tripled (3.
3x) y-o-y.
Excluding extraordinary items, EPS reached 1.11 dollar, beating the consensus by 30 cents.
Revenues from home sales increased by one-third to 2.6 billion dollars, reflecting both a 24% increase in the number of homes delivered, to 6,734 in all, with an 8% increase in the average price, which reached 393,000 dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3x) y-o-y.
Excluding extraordinary items, EPS reached 1.11 dollar, beating the consensus by 30 cents.
Revenues from home sales increased by one-third to 2.6 billion dollars, reflecting both a 24% increase in the number of homes delivered, to 6,734 in all, with an 8% increase in the average price, which reached 393,000 dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.