The Motley Fool

AUGUST 8, 2024

Additionally, under Howard's leadership, we've aligned the business to five verticals: financial services, automotive and manufacturing, healthcare and life sciences, airlines, and public sector, where we have significant domain expertise, allowing us to develop very targeted solutions to address industry-specific challenges.

Resale 130

Resale Consultants Consulting Accounting 130

The Motley Fool

JANUARY 23, 2024

Mike Murray -- Executive Vice President, Chief Operating Officer Financial services earned $66 million of pre-tax income in the first quarter on $193 million of revenues, resulting in a pre-tax profit margin of 34.3%. Our consolidated leverage at December 31st was 18.6%, and consolidated leverage net of cash was 7.8%.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Resale Leveraging Taxes 130

The Motley Fool

SEPTEMBER 15, 2023

So, today, I'm in Miami together with Jon Jaffe, our co-CEO and president; Diane Bessette, our chief financial officer; Dave Collins, who you just heard from, our controller and vice president; and Bruce Gross, our CEO of Lennar financial services. So, starting with financial services. I'm not sure.

Resale 130

Resale Assets Debt Capital 130

The Motley Fool

JUNE 15, 2023

And we're joined remotely from Miami by Rick Beckwitt, our co-CEO and co-president; Diane Bessette, our chief financial officer; David Collins, our comptroller and vice president; and Bruce Gross, our CEO of Lennar Financial Services. So, starting with financial services. So, now turning to the balance sheet.

Resale 130

Resale Assets Capital Debt 130

The Motley Fool

APRIL 26, 2024

During the spring selling season with a healthy supply of move-in ready inventory, we were able to capitalize on strong market conditions generated by the increasing need for housing for millennials and Gen Zs as well as the move-down Baby Boomers who continue to find our limited inventory, limited availability of resale housing supply.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Financing Finance 130

The Motley Fool

FEBRUARY 1, 2024

As we previously discussed, two of the largest population cohorts, the millennials and recently Gen Zs are having life events lean to increased levels of need-based housing that currently cannot be met by the constrained resale of home supply in the market. SG&A in the fourth quarter of 2023 was 10.7% in the fourth quarter of 2022.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Leveraging Financing Finance 130

The Motley Fool

AUGUST 3, 2023

Another example of how our digital business is enabling us to develop and deliver transformational solutions for our largest customers is with one of the biggest financial service companies in the United States. This customer is outsourcing its noncore services and has selected Iron Mountain to manage all of its records.

Leveraging 100

Leveraging Assets Capital Resale 100

The Motley Fool

JULY 20, 2023

Mike Murray -- Executive Vice President and Co-Chief Operating Officer Financial services earned $94 million of pre-tax income in the third quarter on $229 million of revenues, resulting in a pre-tax profit margin of 41.2%. Our homebuilding leverage was 11.1% at the end of June, and homebuilding leverage net of cash was 0.7%.

Banks 130

Banks Securities and Exchange Commission (SEC) Leveraging Taxes 130

The Motley Fool

FEBRUARY 26, 2024

A third is industry with an emphasis on deepening our offerings in retail and hospitality, education and government, along with financial services, healthcare, professional services, and tech and media. For Q1, we expect professional services revenue of $163 million. Turning to backlog. We are just getting started.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Professional Services Education Banks 130

The Motley Fool

AUGUST 1, 2023

And lastly, the resale home market remains tight as existing buyers are hesitant to leave their low rate mortgages, which limits available inventory and helps to increase new home demand. Savings derived from our faster cycle times, though, are starting to meet their way through our financials. Our financial services result at a $7.9

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Taxes Resale Banks 130

The Big Picture

SEPTEMBER 5, 2023

The focus seems to be on other institutions that create employment like healthcare, medical, tech, medical type services. There’s been a lot of emphasis on sort of competing with New York, bringing financial services there. MILLER: And leveraging off of the technology, the platform for Instagram. RITHOLTZ: Wow.

Taxes 52

Taxes Banks Resale Debt 52