Lennar reports q4 eps of $2.13

Lennar reports fourth quarter eps of $2.13.q4 earnings per share $2.13.q4 earnings per share estimate $1.90 -- refinitiv ibes data.qtrly new orders of 13,089 homes, up 23%.qtrly new orders dollar value of $5.2 billion, up 23%.qtrly deliveries of 16,420 homes, up 16%.revenues from home sales increased 8% in q4 of 2019 to $6.4 billion.gross margins on home sales were $1.4 billion, or 21.5%, in q4 of 2019 versus $1.3 billion, or 21.4%.backlog of 15,577 homes at quarter end versus 15,616 homes.average sales price of homes delivered, excluding unconsolidated entities, decreased to $393,000 in q4 of 2019 from $421,000.qtrly revenues of $7.0 billion, up 8%.q4 revenue view $6.55 billion -- refinitiv ibes data.expect fiscal 2020 deliveries to be in range of 54,000 - 55,000 homes.sees fiscal 2020 homebuilding gross margin percentage to be in range of 20.5% - 21.0%.
LEN Ratings Summary
LEN Quant Ranking