Lennar Reports Fourth Quarter EPS of $0.16
MIAMI, Jan. 11, 2012 /PRNewswire/ --
2011 Fourth Quarter
Revenues of $952.7 million – up 11%
Net earnings of $30.3 million, or $0.16 per diluted share, compared to $32.0 million, or $0.17 per diluted share
Lennar Homebuilding operating earnings of $25.2 million, compared to $27.0 million
Gross margin on home sales:
21.6% (excluding valuation adjustments of $17.9 million) - improved 80 basis points
19.4% (including valuation adjustments) - improved 170 basis points
S,G&A expenses as a % of revenues from home sales of 13.8%, improved 30 basis points
Operating margin on home sales:
7.8% (excluding valuation adjustments of $17.9 million) - improved 110 basis points
5.6% (including valuation adjustments) - imp ...
India - The Future of HNWIs to 2015: Bourgeoning Wealth and Wealth Management Opportunities
NEW YORK, Jan. 4, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
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Synopsis
This report is the result of Wealth Insight's extensive research covering the HNWI population and Wealth Management industry in India.
China - The Future of HNWIs to 2015: Opportunities for Wealth Managers and Private Banks
NEW YORK, Jan. 4, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
China – The Future of HNWIs to 2015: Opportunities for Wealth Managers and Private Banks
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Synopsis
This report is the result of Wealth Insight's extensive research covering the HNWI population and Wealth Management industry in China.
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