Lennar second quarter earnings beat Wall Street estimates
Thursday Jun 22nd, 2017
ShareMiami-based Lennar Corp., one of the country’s largest homebuilders, on Tuesday reported lower fiscal second quarter earnings that still exceeded analyst expectations. Earnings including noncontrolling interests fell to $200.7 million, or 91 cents a share, from $224 million, or $1.01 a share, in the second period of 2016. Still, the average estimate among eight analysts surveyed by Zacks Investment Research was for Lennar earnings to reach 78 cents a share. Revenue rose... [read more]