Lennar Q2 earnings miss, earnings beat; issues solid guidance for Q3 new orders

5 hours ago 1
Home Builder Lennar"s Net Quarterly Income Quadruples

Joe Raedle

Lennar (NYSE:LEN) stock gained 2.8% in Monday after-hours trading after the homebuilder turned in mixed fiscal Q2 results, with earnings missing consensus and revenue topping the average analyst estimate. The outlook for Q3 was also uneven.

The company expects fiscal

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