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Lennar earnings climb in Q2

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Christian Fernsby |
Lennar
Lennar   The company's profit was $421.47 million, or $1.30 per share

Lennar released earnings for its second quarter that climbed from last year.

The company's profit was $421.47 million, or $1.30 per share. This compares with $310.26 million, or $0.94 per share, in last year's second quarter.

Analysts had expected the company to earn $1.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.8% to $5.56 billion from $5.46 billion last year.


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