Lennar (LEN.B) Announces Earnings Results, Misses Estimates By $0.19 EPS

Lennar (NYSE:LEN.B) released its quarterly earnings results on Wednesday. The construction company reported $1.29 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.19), RTT News reports. Lennar had a return on equity of 12.37% and a net margin of 6.65%. During the same period last year, the firm posted $1.34 earnings per share.

Lennar (LEN.B) opened at $54.68 on Thursday. The firm has a market capitalization of $15,770.00, a PE ratio of 15.76 and a beta of 1.36. Lennar has a fifty-two week low of $34.92 and a fifty-two week high of $55.10. The company has a quick ratio of 0.59, a current ratio of 7.76 and a debt-to-equity ratio of 0.72.

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Lennar Company Profile

Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily.

Earnings History for Lennar (NYSE:LEN.B)

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