Tag: $Lennar

Lennar reported third-quarter earnings on Thursday that beat estimates as homes for sale remained in short supply. Yet the company’s shares were falling in after-hours trading, even as its executive chairman said stronger demand from home-buyers lies ahead.

Lennar logged higher revenue in its fiscal second quarter after reporting a jump in home deliveries and new orders amid sales incentives directly aimed at the consumer.

Lennar , one of the nation’s largest home builders, beat expectations for third-quarter revenue and profit on Thursday, demonstrating that demand for new homes remained strong through August.