Lennar Reports Q1 EPS Of $1.11 Excl. Items; Revenue Up 28% - Quick Facts

Lennar Corp. (LEN) reported first-quarter net earnings of $136.2 million, or $0.53 per share, which included: $0.31 per share related to acquisition and integration costs; and $0.27 per share related to a one-time non-cash write down of deferred tax assets. Excluding items, EPS would have been $1.11 per share.

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