Lennar beats estimates, posts $1.82B revenue
Raises prices, delivers more houses
Net income was little changed at $137.7 million.
“The homebuilding recovery continued its progression at a slow and steady pace,” CEO Stuart Miller said in the statement.
The number of houses delivered by Lennar increased 12 percent to 4,987. The average sale price rose to $322,000 from $283,000 a year earlier.