Lennar (LEN) Tops Q2 Earnings and Revenue Estimates

Lennar (LEN) came out with quarterly earnings of $3.38 per share, beating the Zacks Consensus Estimate of$ 3.20 per share. This compares to earnings of $2.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.63%. A quarter ago, it was expected that this homebuilder would post earnings of$ 2.21 per share when it actually produced earnings of $2.57, delivering a surprise of 16.29%.Over the last four quarters, the company has sur ...