Lennar Reports Earnings & Revenue Increases for Q4 & FY 2018
Miami, FL, January 10, 2019-Lennar Corporation has reported a YOY net earnings increase of 61.1% for Q4 2018. Revenues for the quarter rose 71% YOY. Deliveries of homes rose 64%, and new order for homes rose 44%.
For fiscal year 2018, net earnings rose 52.3%, and revenues were up 63%. Home deliveries increased by 55% for the year and new home orders by 51%.