Lennar Tops Earnings Estimates
Lennar reported earnings of $1.07 a share for 4Q 2014 versus $0.73 a share in the year earlier period. Analysts on average had expected earnings of $0.96 per share. Despite a strong quarter on a number of key metrics, the stock is taking a hit in intra-day trading due to softer margins, a trend which management stated could continue into 2015.
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