-=Lennar (LEN) reported earnings on Wed 9 Jan 2019 (b/o)

Lennar beats by $0.01, reports revs in-line

• Reports Q4 (Nov) earnings of $1.96 per share, $0.01 better than the S&P Capital IQ Consensus of $1.95; revenues rose 70.7% year/year to $6.46 bln vs the $6.46 bln S&P Capital IQ Consensus.
• Deliveries of 14,154 homes -- up 64%. New orders of 10,611 homes -- up 44%.
• New orders dollar value of $4.2 billion -- up 49%.
• Backlog of 15,616 homes -- up 75%; backlog dollar value of $6.6 billion -- up 85%.