· lennar (len) reported 2nd Quarter May 2019 earnings of $1.30 per share on revenue of $5.6 billion. The consensus earnings estimate was $1.13 per share on revenue of $5.1 billion. The Earnings Whisper number was $1.16 per share. Revenue grew 1.9% on a year-over-year basis.
In the third quarter earnings call, Lennar’s CEO, Stuart Miller, voiced his general optimism about a strong recovery: In the context of what continues to be a challenging U.S. housing market, we’re.
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In its first quarter earnings report, homebuilder Lennar (LEN) identified four key reasons why the housing market recovery remains robust. "We continue to believe that the housing market is contuing.
Lennar (LEN) reported 1st Quarter February 2019 earnings of $0.74 per share on revenue of $3.9 billion. The consensus earnings estimate was $0.75 per share on revenue of $4.1 billion. The Earnings Whisper number was $0.82 per share. Revenue grew 29.8% on a year-over-year basis.
During the first quarter 2012, we successfully completed an amendment of our senior secured credit facilities that increased the capacity of our revolving credit facility to $400 million and extended the maturity of our revolving credit facility and $346 million of our term loan B facility from 2014 to 2017.
First quarter GAAP diluted earnings per share (EPS) were $0.84. On an adjusted basis, net income was $441 million in the first quarter, and diluted EPS were $0.74 . Please refer to the reconciliation of non-GAAP financial measures included in the press release for more information on our adjusted net income and adjusted diluted EPS.
$0.74 Missed $0.75 EPS AND $3.9 Billion Missed $4.11 Billion forecast in revenue. earnings lennar Corporation for the quarter ending in February, the company’s fiscal first quarter, was 74 cents a share, up 39.6% from the same period last year but 1 cent lower than consensus forecast.
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Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company’s stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first. lennar corp’s Earnings Per Share (Diluted) for the fiscal year that ended in Nov. 2018 is calculated as
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Diluted EPS of $0.75 as reported and $0.85 as adjusted, compared to $0.56 and $0.74 in the year-ago quarter; Consolidated revenues of .0 billion; cash from operations of $8.9 billion; Capital expenditures of $6.1 billion; Free cash flow of $2.8 billion