Lennar Q4 Adj. EPS $2.03 Misses $2.21 Estimate, Sales $9.368B Beat $9.017B Estimate

Lennar (NYSE:LEN) reported quarterly earnings of $2.03 per share which missed the analyst consensus estimate of $2.21 by 8.35 percent. This is a 49.63 percent decrease over earnings of $4.03 per share from the same period last year. The company reported quarterly sales of $9.368 billion which beat the analyst consensus estimate of $9.017 billion by 3.89 percent. This is a 5.82 percent decrease over sales of $9.947 billion the same period last year.