Lennar Corp. (LEN) reported first quarter EPS of $0.08 Tuesday morning, down from $0.14 in the prior year period. The consensus estimate was for EPS of $0.04. Revenues improved to $724.86 million, from $558.04 million in the prior-year quarter.
Lennar Corp. gapped open higher Tuesday and climbed in early trade, before settling into a range. The stock finished up by 1.23 at $27.63 on the highest volume of the year. Lennar broke out of a 2-week trading range and set a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.