Lennar Earnings, Revenue beat In Q1

  • Investing.com
Lennar Earnings, Revenue beat In Q1
Credit: © Reuters.

Investing.com - Lennar (NYSE: LEN ) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Lennar announced earnings per share of $2.04 on revenue of $5.33B. Analysts polled by Investing.com anticipated EPS of $1.71 on revenue of $5.12B.

Lennar shares are up 16% from the beginning of the year and are trading at $89.80 , down-from-52-week-high.They are outperforming the S&P 500 which is up 5.5% from the start of the year.

Lennar shares gained 1.19% in after-hours trade the report.

Lennar follows other major Capital Goods sector earnings this month

Lennar's report follows an earnings beat by Deere&Company on Friday, February 19, 2021, who reported EPS of $3.87 on revenue of $8.05B, compared to forecasts EPS of $2.17 on revenue of $7.21B.

Ecolab had missed expectations on Tuesday, February 16, 2021 with fourth quarter EPS of $1.23 on revenue of $3.07B, compared to forecast for EPS of $1.25 on revenue of $3.12B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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