Lennar Earnings Beat Estimates
June 27, 2015

Lennar Earnings Beat Estimates

Lennar’s Q2 2015 earnings beat estimates by 15 cents coming in at 70 cents a share versus 61 cents per share a year ago. Revenue jumped 31% year over year and came in at $2.39 billion. Deliveries rose to 5,989 versus 4,976 a year ago. The stock closed up over 4% on the day after the earnings report.

Read More

Previous KB Q2 Earnings Beat the Street
Next Woodbridge Pacific Shores Up Capital Base
Tags homebuilder earningsLennar
Category Homebuilders / Land Developers

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

Public Builder Report Cards
Homebuilders / Land Developers

Public Builder Report Cards

Builder Magazine grades each of the public builders’ 2014 performance based on key financial metrics. The head of the class – Lennar. The laggard among companies operating in California –

Homebuilder Seizes Upon a Niche Market Rental Opportunity
Homebuilders / Land Developers 0 Comments

Homebuilder Seizes Upon a Niche Market Rental Opportunity

MBK Homes, who’s primary business has been for-sale housing, gets ready to open a rental community in the Carmel Valley area of San Diego with product more akin to for-sale

Deals

RSI Communities Buys Beaumont Site

Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood. RSI