More on Lennar (LEN): New orders +33% Y/Y to 3,022 homes. Operating margin improves 240 basis...

|About: Lennar Corporation (LEN)|By:, SA News Editor

More on Lennar (LEN): New orders +33% Y/Y to 3,022 homes. Operating margin improves 240 basis points to 6%. "We have been able to increase sales prices and have started to reduce sales incentives," says CEO Miller. Shares +3.8% premarket.