US Homebuilder Lennar Beats Q3 Profit Estimates on Higher Home Deliveries
The company said it expects to deliver between 22,500 and 23,000 homes in the fourth quarter, compared with analysts' average estimate of 22,916 homes, according to LSEG data. Lennar delivered 21,516 homes in the third quarter ended Aug. 31, higher than the 18,559 units a year earlier.