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HomeMarketLennar Company (LEN) Earnings: 2Q24 Key Numbers | AlphaStreet

Lennar Company (LEN) Earnings: 2Q24 Key Numbers | AlphaStreet


Lennar Company (NYSE: LEN) reported complete revenues of $8.8 billion for the second quarter of 2024, up 9% year-over-year.

Web earnings attributable to Lennar had been $954 million, or $3.45 per share, in comparison with $872 million, or $3.01 per share final 12 months. Adjusted EPS was $3.38 per share.

New orders elevated 19% to 21,293 properties whereas deliveries elevated 15% to 19,690 properties within the quarter. The corporate ended the quarter with a backlog of 17,873 properties with a greenback worth of $8.2 billion.

For the third quarter of 2024, new orders and deliveries are each anticipated to vary between 20,500 and 21,000 properties.

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