Lennar (LEN) Surpasses Q2 Earnings Estimates
Lennar (LEN) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 27.91%. A quarter ago, it was expected that this homebuilder would post earnings of $0.83 per share when it actually produced earnings of $1.27, delivering a surprise of 53.01%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Lennar, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $5.29 billion for the quarter ended May 2020, missing the Zacks Consensus Estimate by 0.03%. This compares to year-ago revenues of $5.56 billion.
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https://finance.yahoo.com/news/lennar-le...09683.html
Lennar (LEN) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 27.91%. A quarter ago, it was expected that this homebuilder would post earnings of $0.83 per share when it actually produced earnings of $1.27, delivering a surprise of 53.01%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Lennar, which belongs to the Zacks Building Products - Home Builders industry, posted revenues of $5.29 billion for the quarter ended May 2020, missing the Zacks Consensus Estimate by 0.03%. This compares to year-ago revenues of $5.56 billion.
...
https://finance.yahoo.com/news/lennar-le...09683.html
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