Industry News

Home builder Lennar Corp. reports $244M Q2 loss

'Deteriorating market conditions' may persist, says CEO
Published on Jun 27, 2007

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by CareyBot

Lennar Corp. (NYSE: LEN), one of largest U.S. home builders, this week reported a second-quarter net loss of $244.2 million, compared with net earnings of $324.7 million for second-quarter 2006. That represents a loss of $1.55 per diluted share for ...