January 15, 2013 / 11:06 AM / 5 years ago

Lennar profit rises, orders jump 32 pct

Jan 15 (Reuters) - Homebuilder Lennar Corp reported a higher quarterly profit and a seventh straight rise in new home orders.

Net income rose to $124.3 million, or 56 cents per share, in the fourth quarter, from $30.3 million, or 16 cents per share, a year earlier.

Orders rose 32 percent to 3,983 homes.

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