Lennar Corporation (NYSE: LEN) reported total revenues of $8 billion for the second quarter of 2023 compared to $8.3 billion in the same period last year.
Net earnings attributable to Lennar were $872 million, or $3.01 per share, compared to $1.3 billion, or $4.49 per share last year. Adjusted EPS was $2.94.
Deliveries were 17,074 homes and new orders were 17,885 homes with a dollar value of $8.2 billion in Q2.
For the third quarter of 2023, new orders are expected to be 18,000-19,000 while deliveries are expected to be 17,750-18,250.
Prior performance
Most Popular
Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results
McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion. Net income
Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator
Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although
Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter
Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now
