Lennar Earnings Beat Estimates

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.

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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.

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