|03/21/17||Lennar Reports First Quarter EPS of $0.56|
|MIAMI, March 21, 2017 /PRNewswire/ --
Net earnings of $130.8 million, or $0.56 per diluted share, compared to net earnings of $144.1 million, or $0.63 per diluted share.
WCI Communities, Inc. ("WCI") reduced the Company's Q1 2017 net earnings by $0.03 per diluted share, primarily due to one-time transaction expenses
Q1 2016 included a favorable $0.05 per diluted share impact due to a lower tax rate
Deliveries of 5,453 homes – up 13%
New orders of 6,483 homes – up 12... |
|03/09/17||Lennar Corporation's First Quarter Earnings Conference Call to be Broadcast Live on the Internet|
|MIAMI, March 9, 2017 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced today that the Company will release earnings for the first quarter ended February 28, 2017 before the market opens on March 21, 2017. Additionally, the Company will hold a conference call on March 21, 2017 at 11:00 a.m. Eastern Time.
The call will be broadcast live on the Internet and can be accessed through Lennar's website at www.lennar.com. If you are unable... |
|02/10/17||Lennar Completes Acquisition of WCI Communities|
|MIAMI, Feb. 10, 2017 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) today announced the completion of its acquisition of WCI Communities, Inc. (NYSE: WCIC), a premier lifestyle community developer and luxury homebuilder of single and multi-family homes, for approximately $643 million, or $23.50 per share. The purchase includes a portfolio of well-located, owned and controlled land totaling approximately 13,700 homesites, located in most of the highest growth and largest coastal Florida... |
|01/24/17||Lennar Appoints Donna Shalala to the Board of Directors|
|MIAMI, Jan. 24, 2017 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced that the Company's Board of Directors has elected Donna Shalala to serve as a member of the Board of Directors, effective Jan. 23, 2017. Dr. Shalala served as a director of Lennar Corporation from 2001 to April 2012.
Dr. Shalala currently serves as Trustee Professor of Political Science at the University of Miami and as President of the Clinton Foundation. Dr. Sha... |
|01/12/17||Lennar Corporation Declares Quarterly Dividends|
|MIAMI, Jan. 12, 2017 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's largest homebuilders, announced that its Board of Directors has declared a quarterly cash dividend of $0.04 per share for both Class A and Class B common stock payable on February 10, 2017 to holders of record at the close of business on January 27, 2017.
Lennar Corporation, founded in 1954, is one of the nation's largest builders of quality homes for all generations. The Company b... |
|01/05/17||Lennar Prices $600 Million of Senior Notes at 4.125%|
|MIAMI, Jan. 5, 2017 /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) announced today that it has priced an underwritten public offering of $600 million of 4.125% Senior Notes due 2022 (the "Notes"). The sale of the Notes is expected to close on January 20, 2017, subject to customary closing conditions. The Company plans to use the proceeds from the offering, which are estimated to be approximately $596 million, after underwriting fees but before expenses, to fund all or a portion of the ... |