((Automated translation by Reuters, please see disclaimer https://bit.ly/rtrsauto))
Lennar Corp LEN.N beat Wall Street estimates for its second-quarter profit on Monday as historically low supply of existing homes led to sustained demand for new home construction.
The U.S. automaker posted earnings of $3.45 per share for the quarter, compared with analysts’ average estimate of $3.24 per share, according to LSEG data.