trending Market Intelligence /marketintelligence/en/news-insights/trending/qQ4WS-P8q2N5B9xnJwEnsQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lennar fiscal Q4'19 net earnings fall YOY

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Lennar fiscal Q4'19 net earnings fall YOY

Lennar Corp. reported net earnings attributable to the company of $674.3 million, or $2.13 per share, for its fiscal fourth quarter ended Nov. 30, 2019, compared to nearly $796.1 million, or $2.42 per share, for the same period in 2018.

Total revenues for the three months ended Nov. 30, 2019, totaled roughly $6.97 billion, up from $6.46 billion in the prior-year period.

Revenues from homebuilding came to $6.53 billion, compared to roughly $6.07 billion in the corresponding period in 2018. Revenue from the company's financial services segment came in at $252.8 million, compared to $250.6 million. The homebuilder's multifamily segment contributed $175.9 million revenues, up from roughly $109.1 million.

Lennar delivered 16,420 homes with a total value of $6.45 billion in the fiscal fourth quarter of 2019, compared to 14,154 deliveries worth about $5.95 billion in the year-ago quarter. New orders totaled 51,439 units worth a total of roughly $20.3 billion, up from 826 units worth an aggregate of about $18.7 billion in the 2018 fiscal fourth quarter.

The company's backlog at the end of the quarter stood at 15,577 homes worth $6.30 billion, compared to a backlog of 15,616 units worth $6.57 billion in the same period in 2018.