CSIMarket
 
Lennar Corp  (LEN)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 


Income surged by 11.28 % at LEN during the third quarter of 2022

company delivered third quarter of 2022 operating profit of $2321.541 millions

Published 2022-10-05T15:05:38+00:00
Goran Soko / CSIMarket.com Contributer

cutting_By_Toby_Hudson_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the third quarter of 2022 company earnings per share grew by 11.28 % of $5.03 per share compare to $4.52 a year prior and earnings per share surged by 12.03 % from $4.49 per share from the prior quarter.

Revenues increased rapidly by 28.712 % to $8.93 billions from $6.94 billions in the comparable quarter a year prior and sequentially Revenues surged by 6.888 % from $8.36 billions.




Bottom-line of $1,472.694 millions in the third quarter of 2022 increased by 4.5 % from net earnings of $1,409.218 millions reported in the third quarter of 2022 a year ago. Lennar Corp shifted it's focus on improving sales in the third quarter of 2022, as a result net margin eased to 16.48%.
Operating earnings, however, rose 44.58% to $2321.541 millions.

Lennar Corp is expected to report next financial earnings on January 27, 2023.


    Recently Reported Results
Laptop_women_By_Petar_Milosevic_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Cerence Inc

Severe hit for Cerence Inc over the financial fourth quarter of 2022

Cerence Inc declared disastrous financial period ending September 30 2022, where Revenue faded by -65.044 % to $34.77 millions and a shortfall per share has widen at $-6.79, from the comparable reporting season a year before.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

The output of the nation's factories, mines and utilities fell in October by -0.1 %

Fed reported declining U.S. Industrial production in October, as the demand for industrial goods softens.

Mining_By_Hoffmann_Mineral_GmbH_&_Co._KG__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common Enertopia Corp

The rising entity from the Metal Mining industry the ENRT published the fiscal interval ending August 31 2022, numbers

Following the big players in the Metal Mining industry, a few overlooked companies are publishing the respective numbers. ENRT said it has clinched operating deficit of $-0.521628 millions, for the fourth quarter of 2022.

Production by industry

Capacity utilization by industry

server-90389_960_720 Kange Corp

Kange Corp announced operating deficit in the first quarter of 2022

The Computer processing and cloud services sector reporters start to analyze the first quarter of 2022 numbers. Now they observe operating deficit of $-0.273229 millions, from the Kange Corp , which hasn't stated any revenue thus far, for the respective December to February 28 2022 reporting season.

Production by industry

Capacity utilization by industry

Medical_ultrasound_examination_pd Omnia Wellness Inc

Critical fiscal period for Omnia Wellness Inc over the second quarter of 2022

Omnia Wellness Inc announced disastrous second quarter of 2022 financial report, where Revenue faded by -50.793 % to $0.03 millions and net loss per share has expanded to $0.00, from the comparable reporting season a year before.

Production by industry

Capacity utilization by industry

Warehouse_By Cayco_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Common