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Lennar Corp. (NYSE:LEN) shares slipped in Thursday’s extended trading after the company released its first-quarter earnings report, missing estimates on the top and bottom lines.
- LEN stock is moving. Watch the price action here.
The Details: Lennar reported quarterly earnings of 88 cents per share, which missed the consensus of 96 cents, according to Benzinga Pro data.
Quarterly revenue of $6.62 billion missed the consensus estimate of $6.88 billion by 3.83% and was down from $7.63 billion in the same period last year.
Deliveries and orders also came in below estimates, according to …
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