Lennar Reports Fourth Quarter EPS of $2.82
2020 Fourth Quarter Net earnings of $882.8 million, or $2.82 per diluted share, compared to $674.3 million, or $2.13 per diluted share Deliveries of 16,090 homes – down 2% New orders of 15,214 homes – up 16%; new orders dollar value of $6.3 billion – up 22% Backlog of 18,821 homes – up 21%; backlog dollar value of $7.8 billion – up 24% Revenues of $6.8 billion – down 2% Homebuilding operating earnings of $1.1 billion, compared to $892.5 million Gross margin on home sales of 25.0%, compared to 21.5% S,G&A expenses as a % of revenues from home sales improved to 7.5%, compared to ...
Source: prnewswire.com