Lennar Corporation (NYSE: LEN) reported total revenue of $8.7 billion for the third quarter of 2023 which compares to $8.9 billion reported in the same period a year ago.
Net earnings attributable to Lennar were $1.1 billion, or $3.87 per share, compared to $1.5 billion, or $5.03 per share last year. Adjusted net earnings were $1.1 billion, or $3.91 per share.
Deliveries increased 8% to 18,559 homes while new orders grew 37% to 19,666 homes in Q3.
For the fourth quarter of 2023, the company expects new orders of 16,200-17,200 and deliveries of 21,500-22,500.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
