Lennar Corporation (LEN) Q2 2011 Earnings Results

Lennar Corp A Beats on EPS, Stock Up 2.27%

Lennar Corp A's earnings report shows a positive surprise in EPS, which contributed to a 2.27% increase in stock price. The management's cautious optimism suggests they see potential improvements in the housing market, though no specific guidance was offered for future performance. Investors may view this as a sign of resilience in the company despite ongoing market challenges.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$0.07	N/A	+55.56%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed cautious optimism about the housing market's recovery. They emphasized the importance of cost management and margin improvement.

We are seeing signs of improvement in the housing market.

Our focus remains on managing costs and improving margins.

Lennar Corp A Beats on EPS, Stock Up 2.27%

Key numbers

Management commentary

Lennar Corporation

More earnings this week

Lennar Corp A Beats on EPS, Stock Up 2.27%

Key numbers

Management commentary