Lennar(LEN) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Contact: Ian Frazer Investor Relations Lennar Corporation (305) 485-4129 FOR IMMEDIATE RELEASE Lennar Reports Second Quarter 2024 Results Second Quarter 2024 Highlights - comparisons to the prior year quarter • Net earnings per diluted share increased 15% to $3.45 ◦ $3.38, excluding mark-to-market losses on technology investments and one-time gain on sale of a technology investment • Net earnings increased 9% to $954 million • New orders increased 19% to 21,293 homes • Backlog of 17,873 homes w ...