Lennar (LEN) Q3 Earnings Top, Home Sales Gross Margin Grows
October 03, 2017 at 11:00 AM EDT
Segment revenues increased 15.5% year over year to $2.89 billion, driven by higher number of homes delivered. Within this, home sales constituted $2.85 billion (up 16.6% year over year) and land sales accounted for $37.5 million (down 30%).
