17.06.2024 22:43:50 - dpa-AFX: Lennar Corp. Bottom Line Climbs In Q2, Beats Estimates

WASHINGTON (dpa-AFX) - Lennar Corp. (LEN.B) released a profit for its second
quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $954.31 million, or $3.45 per share. This
compares with $871.69 million, or $3.01 per share, in last year's second
quarter.

Analysts on average had expected the company to earn $3.24 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 8.8% to $8.76 billion from $8.05
billion last year.

Lennar Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $954.31 Mln. vs. $871.69 Mln. last year.
-EPS (Q2): $3.45 vs. $3.01 last year.
-Revenue (Q2): $8.76 Bln vs. $8.05 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Lennar Corp 851022 NYSE 149,870 28.06.24 03:00:16 +0,750 +0,50% 145,230 151,690 149,000 149,870

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