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Lennar Corporation posts advance in Q1 earnings

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Lennar   Earnings came in at $136.22 million

Lennar announced a profit for its first quarter that advanced from last year.

The company's earnings came in at $136.22 million, or $0.53 per share.

This compares with $38.08 million, or $0.16 per share, in last year's first quarter.

The company's revenue for the quarter rose 27.4% to $2.98 billion from $2.34 billion last year.

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