LEN | Quote | Chart | News | PowerRating -- 9/21/2009-Shares of homebuilder Lennar (NYSE:LEN) are trading 2.4% lower premarket after the company reported a Q3 loss of 97 cents per share, including 76 cents in charges, versus estimates of a 46-cent loss, and the prior year's 56 cent loss. Revenues in the quarter fell 35% year-over-year to $720.7 million (vs. consensus estimates of $774.4 million). Orders fell 8% from a year earlier, but the company noted the decline the smallest in nearly three years. Meanwhile, its backlog was the highest since August 2008.
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For full details on Lennar Corp Cl A (LEN) LEN. Lennar Corp Cl A (LEN) has Short Term PowerRatings at TradingMarkets. Details on Lennar Corp Cl A (LEN) Short Term PowerRatings is available at This Link.
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