Investing.com - Lennar reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Lennar announced earnings per share of $5.03 on revenue of $8.48B. Analysts polled by Investing.com anticipated EPS of $4.86 on revenue of $8.97B.
Lennar shares are down 34% from the beginning of the year and are trading at $75.77 , down-from-52-week-high.
Lennar shares lost 0.20% in after-hours trade the report.
Lennar follows other major Consumer Discretionary sector earnings this month
Lennar's report follows an earnings beat by BYD ADR on August 29, who reported EPS of $0.2774 on revenue of $12.14B, compared to forecasts EPS of $0.2645 on revenue of $12.73B.
JD.com Inc Adr had beat expectations on August 23 with second quarter EPS of $4.06 on revenue of $267.6B, compared to forecast for EPS of $2.79 on revenue of $262.31B.
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