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Lennar Reports Q2 Earnings Per Share of $2.95 Excluding Items
Lennar Exec Says Co Focusing On Tax-Free Spin-Off Of Businesses To Focus On Homebuilding, Financial Services- Conf Call
Lennar Reports First Quarter EPS Of $3.20
Lennar Corporation is a homebuilder and an originator of residential and commercial mortgage loans. The Company is also a provider of title insurance and closing services, and a developer of multifamily rental properties. The Company's segments include Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily and Lennar other. Its Homebuilding operations is engaged in construction and sale of single-family attached and detached homes as well as purchase, development and sale of residential land to third parties. The Company's Financial Services segment provides mortgage financing, title and closing services, as well as property and casualty insurance. Its Multifamily segment is engaged in developing, construction and property management of multifamily rental properties. The Lennar Other segment is principally engaged in fund investments, which invests in technology initiatives that includes Opendoor, States Title and Notarize.
700 NW 107th Ave Ste 400
Stuart A. Miller
Executive Chairman of the Board
Co-President, Co-Chief Executive Officer, Director
Jonathan M. Jaffe
Co-President, Co-Chief Executive Officer, Director
Diane J. Bessette
Chief Financial Officer, Vice President, Treasurer
Jeff J. McCall
Executive Vice President
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Lennar Corp beat quarterly profit on Wednesday, helped by higher prices due to a tight supply of homes in the United States.
Lennar Corp reported a 60.7% jump in quarterly profit on Wednesday, helped by robust demand for new homes in the United States.
Lennar Corp said on Wednesday it plans to spin-off all or parts of its non-core businesses to become a pure-play homebuilder and financial services company, while also creating a joint venture to provide single family homes for rent.
Lennar Corp said on Wednesday it plans to spin-off all or parts of ongoing businesses to become a pure-play homebuilder and financial services company.
Lennar Corp beat quarterly profit estimates on Tuesday as historically low mortgage rates and a COVID-19 pandemic-induced shift to suburban living encouraged more Americans to buy homes.
Lennar Corp on Tuesday posted a more than two-fold jump in first-quarter profit as historically low mortgage rates and a COVID-19 pandemic-induced shift to suburban living encouraged more Americans to buy homes.
Homebuilder Lennar Corp beat quarterly profit and revenue estimates on Wednesday, as it reined in construction costs and benefited from a strong U.S. housing market.
Homebuilder Lennar Corp beat quarterly revenue estimates on Wednesday, benefiting from a strong U.S. housing market boosted by record low mortgage rates and a surge in suburban housing demand as the COVID-19 pandemic drags on.
U.S. homebuilder Lennar Corp <LEN.N> topped Wall Street estimates for quarterly profit and revenue on Monday as record-low mortgage rates boosted demand from buyers.
U.S. homebuilder Lennar Corp topped Wall Street estimates for quarterly profit and revenue on Monday as record-low mortgage rates boosted demand from buyers.
U.S. homebuilder Lennar Corp <LEN.N> on Monday reported a better-than-expected quarterly profit and forecast full-year deliveries above estimates, as home sales rebound due to the economy gradually reopening following coronavirs-led lockdowns.
U.S. homebuilder Lennar Corp on Monday posted a 5% fall in quarterly revenue, hurt by lower average selling prices during the COVID-19 pandemic.
Lennar Corp <LEN.N> on Wednesday forecast 2020 home sales above analysts' estimates, encouraged by strong demand on the back of lower home prices and mortgage rates, sending its shares up 3%.
Lennar Corp's <LEN.N> quarterly profit beat Wall Street expectations on Wednesday, boosted by cheaper borrowing rates and a focus on low-priced houses.
Lennar Corp, the No. 2 U.S. homebuilder, reported a 13.3% rise in quarterly profit on Wednesday, boosted by higher demand and cheaper mortgage rates.
Lennar Corp forecast current-quarter earnings below Wall Street estimates on Tuesday, as wealthy Chinese buyers shun buying homes in the United States due to uncertainty triggered by an escalating trade row between the countries.
Lennar Corp, the No. 2 U.S. homebuilder, reported a 36% rise in quarterly profit, as it sold more homes after a fall in mortgage rates.
(The march 27 story corrects company name in paragraphs 13, 16, and 18.)
Lennar Corp, the second-largest U.S. homebuilder, on Wednesday posted a 76.1 percent jump in quarterly profit, as easing mortgage rates boosted homebuyer appetite.
Lennar Corp <LEN.N> said on Wednesday it was seeing an improvement in home sales in its new fiscal year as mortgage rates start to ease and posted earnings ahead of expectations, allaying concerns of a slowdown in the broader U.S. housing market.
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