LEN - Lennar Analysts Boost Their Forecasts After Upbeat Earnings | Benzinga
Lennar Corporation (NYSE: LEN) reported upbeat earnings for the fourth quarter, after the closing bell on Wednesday.
Lennar posted GAAP earnings of $2.57 per share, versus market estimates of $2.23 per share. The company’s quarterly sales came in at $7.310 billion, versus expectations of $7.388 billion, according to data from Benzinga Pro.
Stuart Miller, Executive Chairman and Co-Chief Executive Officer of Lennar, said, "We are pleased to report another strong quarter as we remained focused on consistent production pace driving sales pace, while using pricing, incentives, marketing spend, and margin informed by dynamic pricing to enable consistent sales volume in ...