Lennar Corporation (NYSE: LEN) reported total revenues of $8.8 billion for the second quarter of 2024, up 9% year-over-year.
Net earnings attributable to Lennar were $954 million, or $3.45 per share, compared to $872 million, or $3.01 per share last year. Adjusted EPS was $3.38 per share.
New orders increased 19% to 21,293 homes while deliveries increased 15% to 19,690 homes in the quarter. The company ended the quarter with a backlog of 17,873 homes with a dollar value of $8.2 billion.
For the third quarter of 2024, new orders and deliveries are both expected to range between 20,500 and 21,000 homes.
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
UAL Earnings: United Airlines Q2 adj. earnings decline; revenue up 2%
United Airlines Holdings, Inc. (NYSE: UAL) on Wednesday announced financial results for the second quarter of 2025. Revenues missed Wall Street's expectations. The aviation giant's second-quarter earnings, excluding special items,
GM set to report Q2 results amid tariffs headwinds and EV momentum
After entering FY25 on a positive note, General Motors (NYSE: GM) is preparing to report its second-quarter results next week. The company is planning heavy investments to shift production from
What to expect from Lamb Weston’s (LW) Q4 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) were down over 1% on Wednesday. The stock has dropped 7% over the past three months. The frozen potato products maker is
