Detail akcie Lennar online

Business Summary: Lennar Corporation is a homebuilder and an originator of residential and commercial mortgage loans. The Company is also a provider of title insurance and closing services, and a developer of multifamily rental properties. The Company's segments include Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily and Lennar others. Its Homebuilding segments primarily include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land directly and through its unconsolidated entities. Its Financial Services segment primarily provides mortgage financing, title and closing services primarily for buyers of its homes, as well as property and casualty insurance. The Company’s Multifamily segment is involved in the development, construction and property management of multifamily rental properties. Its Lennar Other segment includes fund investments.
Financial Summary: BRIEF: For the three months ended 29 February 2024, Lennar Corp revenues increased 13% to $7.31B. Net income applicable to common stockholders increased 21% to $712.4M. Revenues reflect Financial Services segment increase of 36% to $249.7M. Net income benefited from Financial Services segment income increase of 67% to $131.3M, Multifamily segment loss decrease of 28% to $15.6M, Lennar Other segment loss decrease of 1% to $39.5M.