Lennar Reports First Quarter 2025 Results
- Lennar Corporation reported net earnings of $520 million, or $1.96 per diluted share, in the first quarter of 2025, down from $719 million or $2.57 per share in the first quarter of 2024.
- New home deliveries increased to 17,834 homes in the first quarter of 2025 from 16,798 homes in the first quarter of 2024.
- Lennar completed a spin-off of Millrose Properties, Inc. On February 7, 2025, and acquired Rausch Coleman Homes' operations on February 10, 2025, expanding its market presence.
- Lennar's operating earnings for Financial Services reached $143 million in the first quarter of 2025, compared to $131 million in the first quarter of 2024.
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Lennar (LEN) Q1 2025 Earnings Call Transcript @themotleyfool #stocks $LEN
Image source: The Motley Fool. Lennar (NYSE: LEN)Q1 2025 Earnings CallMar 21, 2025, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to Lennar's first quarter earnings conference call. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session. Today's conference is being recorded. If you have any objections, you …
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