Lennar posts narrower Q1 loss
Top-five homebuilder Lennar Corp
Based in Miami, Lennar reported a first-quarter loss of $6.5 million, or 4 cents per share, compared with a loss of $155.9 million, or 98 cents per share, a year earlier.
Revenue fell 3 percent to $574.4 million.
Shares of the company closed at $17.06 Tuesday on the New York Stock Exchange.
(Reporting by Bijoy Koyitty in Bangalore; Editing by Anne Pallivathuckal)
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