Lennar Corp. Beats Revenue Expectations and Forecasts Bright Future
Lennar Corp. reported a 5% increase in revenue, reaching $5.4 billion for the quarter. The homebuilder’s profit also rose by 10%, exceeding analyst expectations. Lennar’s strong performance was attributed to a surge in home sales and higher selling prices. The company remains optimistic about future growth prospects.
Read more at Yahoo Finance: Analyst Report: Lennar Corp.