Lennar Q3 Earnings Rose 5.5% to $235.8 Million

Miami, FL, September 21, 2016—Lennar Corporation reported third quarter net earnings attributable to Lennar in 2016 were $235.8 million, or $1.01 per diluted share, compared to third quarter net earnings attributable to Lennar in 2015 of $223.3 million, or $0.96 per diluted share.

Operating earnings rose 3% to $344.9 million, compared to $333.7 million in the same quarter 2015.

Third quarter new orders and home deliveries increased 8% and 7% year-over-year, respectively, to 7,018 homes and 6,779 homes, respectively.