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Lennar reported home sales gross margins of 22.1% in the quarter compared with 24.2% in the previous year. Its fourth-quarter revenue fell to $9.95 billion, below analysts' estimate of $10.08 billion.
The 2025 activity is concentrated 30% in markets where Lennar has existing operations and 70% in new markets where Lennar will take advantage of Rausch Coleman's exceptional reputation and well ...
Lennar's adjusted earnings per share came in at $2.94, beating the $2.31 estimate by analysts. ... incentives, including rate buydowns and production costs in order to enable customers to afford ...
In 2023, the company was ranked 119th on the Fortune 500. [5] Lennar stock (LEN) was added to the New York Stock Exchange in 1982 and as of 2024 has a market cap of around $47 billion. [6] The name Lennar is a portmanteau of the first names of two of the company's founders, Leonard Miller and Arnold Rosen. [7]
To be sure, Lennar noted on its call that homebuyer demand remained strong thanks to a chronic inventory shortage. New orders increased 28% to 18,176 homes in the quarter, higher than the company ...
Oklahoma City Thunder vice president of basketball operations (2020–2023) [47] [48] May 30: Golden State Warriors: Bob Myers: Stepped down: June 16: Mike Dunleavy Jr. Golden State Warriors vice president of basketball operations (2021–2023) [49] [50] June 5: Los Angeles Clippers: Michael Winger: Hired by Wizards: June 7: Trent Redden
Rather than a coin toss, a lag was used to choose which player breaks. In the event of a draw, each player received a shot at the blue ball. This is known as a "blue ball shootout". The player who potted the ball with the cue ball from inside the "D" and the blue ball on its spot with the opponent missing won the match. [8]: 42–46
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