Investing.com - Lennar (NYSE:LEN) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Lennar announced earnings per share of $4.52 on revenue of $6.94B. Analysts polled by Investing.com anticipated EPS of $3.27 on revenue of $7.13B.
Lennar shares are up 28% from the beginning of the year and are trading at $98.30 , down-from-52-week-high.They are outperforming the S&P 500 which is up 16.02% from the start of the year.
Lennar follows other major Capital Goods sector earnings this month
Lennar's report follows an earnings beat by CRH ADR on Thursday, August 26, 2021, who reported EPS of $1 on revenue of $14.04B, compared to forecasts EPS of $0.67 on revenue of $12,716M.
Lennar B had beat expectations on Monday with third quarter EPS of $4.52 on revenue of $6.94B, compared to forecast for EPS of $3.27 on revenue of $7.13B.
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