March 21, 2017 / 10:05 AM / 7 months ago

Lennar revenue jumps 17.2 pct

March 21 (Reuters) - U.S. homebuilder Lennar Corp reported a 17.2 percent jump in quarterly revenue as it sold more homes in a recovering housing market.

Net income attributable to Lennar shareholders fell to $130.8 million, or 56 cents per share, in the first quarter ended Feb. 28 from $144.1 million, or 63 cents per share, a year earlier.

Revenue rose to $2.34 billion from $1.99 billion. (Reporting by Arunima Banerjee in Bengaluru; Editing by Anil D‘Silva)

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