still-supportive affordability. Lennar has comparatively ample land inventory ..... the company's stewardship. Also, Lennar 's liberal use of convertible debt ..... in the middle of the last decade, Lennar was first to lower prices to clear
the subprime meltdown and financial crisis of 2008. Major homebuilders like DR Horton ( DHI ), Pulte ( PHM ), and Lennar ( LEN ) aren't quite back to their pre-crisis peaks, but they've all doubled or even tripled from their bottoms. These
(Corrects first bullet to say "second quarter", not first)
activated" by access to mortgages, says Lennar ( LEN +0.4% ) CEO Stuart Miller, speaking ..... single-family homes for rent, and how Lennar proceeds will depend on what happens with mortgages. Lennar also has a recently started-up multi
Lennar reported healthy May quarter results despite a disappointing spring selling ..... owning. Key to achieving midcycle sales are industry underproduction, which Lennar estimates at 4 million homes, and favorable demographics. We anticipate
By Jeffrey Himelson : Lennar ( LEN ) beat consensus on revenue and earnings ..... from $1.68 billion in revenue. Lennar reported $0.61 per share in earnings ..... delivered. It is certainly positive that Lennar was able to raise their prices and
markets continues to outpace supply, which is constrained by limited land availability." CC at 11 ET LEN +0.6% premarket Previously: Lennar beats by $0.10, beats on revenue Post your comment!
June 26 (Reuters) - Lennar Corp , the second-largest U.S. homebuilder, reported a 28 percent increase in quarterly revenue as it sold more homes, and said orders rose 8 percent.
Lennar ( LEN ): FQ2 EPS of $0.61 beats by $0.10 . Revenue of $1.82B (+27.3% Y/Y) beats by $140M . Press Release Post your comment!
Lennar Corporation ( LEN ) declares $0.04/share quarterly dividend , in line with previous. Forward yield 0.39% Payable July 24; for shareholders of record July 10; ex-div July 8. Post your comment!