Homebuilder Lennar Reports Better-Than-Expected Q2 Results: The Details
Homebuilder Lennar Reports Better-Than-Expected Q2 Results: The Details
Lennar Corp (NYSE:LEN) reported its second-quarter financial results after the closing bell Monday. Here's a look at the key figures from the report.
萊納建築（紐交所：LEN）在週一閉市後發佈了其第二季度財務報告。以下是報告中的主要數據。
The Details: Lennar reported quarterly earnings of $3.38 per share, which beat the analyst consensus estimate of $3.24 by 4.32%.
具體來說，萊納報告了每股收益爲3.38美元的季度盈利，比分析師共識預估的3.24美元高4.32%。
Quarterly sales came in at $8.77 billion, which beat the analyst consensus estimate of $8.52 billion by 2.89% and represents a 8.95% increase over sales from the same period last year.
季度銷售額爲87.7億美元，比分析師共識預估的85.2億美元高2.89％，同比增長8.95％。
Lennar said new orders increased 19% to 21,293 homes and deliveries increased 15% to 19,690 homes. The average sales price, net of incentives, per home delivered was $426,000 in the second quarter, down 5% from last year. The company achieved a net margin on home sales of 15.1% and reported a backlog of 17,873 homes with a dollar value of $8.2 billion.
萊納表示，新增訂單增長了19％，爲21,293套房屋；交付房屋增長了15％，爲19,690套房屋。每交付一套具有平均銷售價格（不計回扣）爲42.6萬美元，比去年下降了5％。公司實現了15.1％的房屋銷售淨利率，並報告了具有82億美元價值的17,873套房屋的積壓訂單。
"We are pleased to report another strong quarter against the backdrop of evolving market conditions as interest rates rose for most of the quarter and then subsided as the quarter closed. Although affordability continued to be tested by interest rate movements and simultaneously challenged consumer sentiment, purchasers remained responsive to increased sales incentives, resulting in a 19% increase in our new orders and a 15% increase in our deliveries year over year," said Stuart Miller, co-CEO of Lennar, said.
“我們很高興在利率期貨在本季度大部分時間上漲並在本季度結束時回落的背景下再次發佈強勁的季度報告。儘管利率波動一直在考驗購房能力，並同時挑戰消費者信心，但購房者仍對增加的銷售激勵措施做出了積極反應，導致我們的新增訂單和銷售交付量同比分別增加了19%和15％，”萊納的聯席CEO Stuart Miller表示。
"The macroeconomic environment remained relatively consistent with employment remaining strong, housing supply remaining chronically short due to production deficits over a decade, and demand strength driven by strong household formation. We remained focused on consistent production pace driving sales pace, while using pricing, incentives, marketing spend and margin adjustment to enable consistent sales volume in a fluctuating interest rate environment."
“宏觀經濟環境保持相對穩定，就業狀況保持強勁，住房供應短缺已成爲生產赤字導致需求穩固的情況，而需求的增強則源自於家庭形成。我們仍專注於在波動的利率環境中驅動銷售步伐的一致生產，並使用定價、激勵措施、營銷支出和利潤調整來實現銷售數量的一致性。”
Lennar will host a conference call to discuss the results at 11 a.m. ET Tuesday.
萊納將在東部時間週二上午11點舉行電話會議討論財務報告。
Outlook: Lennar sees new orders for the third quarter in the range of 20,500 to 21,000 and an average sales price between $420,000 and $425,000.
展望未來：萊納預計第三季度新增訂單的區間爲20,500至21,000套，並預計平均銷售價格在42萬美元至42.5萬美元之間。
LEN Price Action: According to Benzinga Pro, Lennar shares are down 1.92% after-hours at $153.50 at the time of publication Monday.
LEN股票表現：根據Benzinga Pro的消息，時值週一發佈時，萊納股票在盤後交易中下跌1.92％，報價153.50美元。
譯文內容由第三人軟體翻譯。