Lennar Earnings, Revenue beat In Q2

  • Investing.com
Lennar Earnings, Revenue beat In Q2
Credit: © Reuters.

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

Lennar announced earnings per share of $1.65 on revenue of $5.29B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $4.94B.

Lennar shares are up 13% from the beginning of the year and are trading at $63.50 , down-from-52-week-high.They are outperforming the S&P 500 which is down 5.08% year to date.

Lennar follows other major Capital Goods sector earnings this month

Lennar's report follows an earnings beat by Deere&Company on Friday, May 22, 2020, who reported EPS of $2.11 on revenue of $8.22B, compared to forecasts EPS of $1.99 on revenue of $7.89B.

Komatsu had missed expectations on Monday, May 18, 2020 with fourth quarter EPS of $0.18 on revenue of $5.72B, compared to forecast for EPS of $0.35 on revenue of $5.72B.

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

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