January 10, 2018 / 11:08 AM / 4 months ago

Lennar revenue rises 12.1 pct on higher home sales

Jan 10 (Reuters) - No. 2 U.S. homebuilder Lennar Corp reported a 12.1 percent rise in quarterly revenue as it sold more homes at higher prices, and said orders rose 11.5 percent.

Total revenue rose to $3.79 billion.

Net income attributable to Lennar fell to $309.6 million, or $1.29 per share, for the fourth quarter ended Nov. 30, from $313.5 million, or $1.31 per share, a year earlier. (Reporting by Ankit Ajmera in Bengaluru; Editing by Saumyadeb Chakrabarty)

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