Lennar Beats in Street in Fiscal Q1 2015

Lennar Beats in Street in Fiscal Q1 2015

Public homebuilding bellweather, Lennar, reported fiscal Q1 2015 financials that beat the street on both earnings and revenues. Earnings were $.0.50 per share versus consensus analyst estimates of $0.45 per share and $0.35 for the year ago period. Revenues came in at $1.64B versus consensus analyst estimates of $1.5B and $1.36B for the year ago period.

Read more

Previous Mixed Signals in the New Home Market
Next KB Delivers Q1 Earnings Beat

About author

Michael Anderson
Michael Anderson 249 posts

Over the course of his 30-year career, Michael Anderson has worked in the residential development industry in the Pacific Northwest, Northern California and Southern California. He has acquired residential land in excess of $300M for both land development and homebuilding entities and has overseen the construction of approximately 2500 homes. Currently, in semi-retirement, and based out of Newport Beach, CA, Michael continues to invest in and stay abreast of the land markets.

View all posts by this author →

You might also like

Homebuilders / Land Developers

Homebuilder Stock Buying Season

Just as there is seasonality with regard to home sales, with much of the annual activity occurring during the “spring” selling season (typically between after the Super Bowl through August),

Homebuilders / Land Developers

Leader of the Pack

Lennar beats the Street with 3Q earnings. Highlighted in this article is the fact that Lennar’s current land supply, the bulk of which was purchased during the downturn, allows it

Homebuilders / Land Developers

Homebuilder Confidence Slips in February

The National Association of Home Builders/Wells Fargo index fell to 55 from 57 in January. The drop was attributable to builders active in the Midwest where severe weather resulted in