Investing.com - Lennar (NYSE:LEN) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lennar announced earnings per share of $2.95 on revenue of $6.43B. Analysts polled by Investing.com anticipated EPS of $2.37 on revenue of $6.1B.
Lennar shares are up 19% from the beginning of the year and are trading at $92.10 , down-from-52-week-high.They are outperforming the S&P 500 which is up 12.45% from the start of the year.
Lennar shares gained 0.83% in after-hours trade the report.
Lennar follows other major Capital Goods sector earnings this month
Lennar's report follows an earnings beat by Deere&Company on Friday, May 21, 2021, who reported EPS of $5.68 on revenue of $11B, compared to forecasts EPS of $4.51 on revenue of $10.56B.
Heico had beat expectations on Tuesday, May 25, 2021 with second quarter EPS of $0.51 on revenue of $466.65M, compared to forecast for EPS of $0.4796 on revenue of $443.44M.
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