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LEN / Lennar stock rises more than 2% after Q1 profit tops views

Lennar Corp. LEN, +2.60% shares rose more than 2% in the extended session Wednesday after the home builder reported first-quarter profit that topped Wall Street expectations and said its "strong sales" reflected ongoing strength in the housing market. Lennar said it earned $503.6 million, or $1.69 a share, in the first quarter, compared with $1 billion, or $3.20 a share, in the year-ago quarter. Read More

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Posted: Mar 16 2022, 16:55

Author Name: Market Watch

LEN News

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Best Income Stocks to Buy for September 20th

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