Lennar(LEN_B) - 2024 Q1 - Quarterly Results

Exhibit 99.1 Contact: Ian Frazer Investor Relations Lennar Corporation (305) 485-4129 FOR IMMEDIATE RELEASE Lennar Reports First Quarter 2024 Results First Quarter 2024 Highlights - comparisons to the prior year quarter (more) • Net earnings per diluted share increased 25% to $2.57 • Net earnings increased 21% to $719 million • New orders increased 28% to 18,176 homes; new orders dollar value increased 21% to $7.7 billion • Backlog of 16,270 homes with a dollar value of $7.4 billion • Deliveries increased 2 ...