Lennar Corporation Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2022
June 21, 2022 at 06:00 am EDT
Lennar Corporation reported earnings results for the second quarter and six months ended May 31, 2022. For the second quarter, the company reported sales was USD 180.55 million compared to USD 183.46 million a year ago. Revenue was USD 8,358.7 million compared to USD 6,430.25 million a year ago. Net income was USD 1,320.76 million compared to USD 831.36 million a year ago. Basic earnings per share from continuing operations was USD 4.5 compared to USD 2.66 a year ago. Diluted earnings per share from continuing operations was USD 4.49 compared to USD 2.65 a year ago.
For the six months, sales was USD 455.16 million compared to USD 321.8 million a year ago. Revenue was USD 14,562.21 million compared to USD 11,755.71 million a year ago. Net income was USD 1,824.34 million compared to USD 1,832.73 million a year ago. Basic earnings per share from continuing operations was USD 6.17 compared to USD 5.86 a year ago. Diluted earnings per share from continuing operations was USD 6.16 compared to USD 5.85 a year ago.