Lennar reports first quarter eps of $1.27

Lennar reports first quarter eps of $1.27.q1 earnings per share $1.27.q1 revenue $4.5 billion versus refinitiv ibes estimate of $4.16 billion.q1 earnings per share estimate $0.84 -- refinitiv ibes data.events that have occurred since quarter-end currently command our focus and attention.q1 conference call will be focused on lennar's oversight and management through current crisis.revenues from home sales increased 15% in q1 of 2020 to $4.1 billion from $3.6 billion in q1 of 2019.gross margin on home sales were $849.0 million, or 20.5%, in q1 of 2020, compared to $726.1 million, or 20.1% in q1 of 2019.qtrly deliveries of 10,321 homes - up 17%.qtrly new orders of 12,376 homes - up 18%.qtrly new orders dollar value of $5.0 billion - up 20%.average sales price of homes delivered was $402,000 in the first quarter of 2020, compared to $410,000 in the first quarter of 2019.backlog of 17,632 homes - up 2% at quarter end.
LEN Ratings Summary
LEN Quant Ranking