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BRIEF-Lennar reports Q1 EPS $0.56
March 21, 2017 / 10:05 AM / in 9 months

BRIEF-Lennar reports Q1 EPS $0.56

March 21 (Reuters) - Lennar Corp:

* Lennar reports first quarter EPS of $0.56

* Q1 earnings per share $0.56

* Q1 revenue $2.3 billion versus I/B/E/S view $2.19 billion

* Q1 earnings per share view $0.55 -- Thomson Reuters I/B/E/S

* Lennar Corp qtrly deliveries of 5,453 homes - up 13%

* quarter-End backlog of 9,017 homes - up 18%

* Qtrly gross margin on home sales of 21.1%, compared to 22.7%

* Lennar Corp qtrly new orders dollar value of $2.4 billion - up 16%

* Average sales price of homes delivered was $365,000 in q1 of 2017, consistent with q1 of 2016 Source text for Eikon: Further company coverage:

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