Lennar Earnings, Revenue beat In Q3

  • Investing.com
Lennar Earnings, Revenue beat In Q3
Credit: © Reuters.

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

Lennar announced earnings per share of $2.12 on revenue of $5.87B. Analysts polled by Investing.com anticipated EPS of $1.55 on revenue of $5.35B.

Lennar shares are up 41% from the beginning of the year and are trading at $79.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 4.73% from the start of the year.

Lennar follows other major Capital Goods sector earnings this month

Lennar's report follows an earnings beat by Deere&Company on Friday, August 21, 2020, who reported EPS of $2.57 on revenue of $7.86B, compared to forecasts EPS of $1.27 on revenue of $6.78B.

Heico had beat expectations on Tuesday, August 25, 2020 with third quarter EPS of $0.4 on revenue of $386.41M, compared to forecast for EPS of $0.33 on revenue of $382.92M.

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

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