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Homebuilder Lennar's revenue rises 13.7 pct

Sept 20 U.S. homebuilder Lennar Corp reported a 13.7 percent rise in quarterly revenue, boosted by strong home sales and higher prices.

The company's revenue rose to $2.83 billion in the third quarter ended Aug. 31 from $2.49 billion a year earlier.

Net income attributable to Lennar's shareholders rose to $235.8 million, or $1.01 per share, from $223.3 million, or 96 cents per share. (Reporting by Arunima Banerjee in Bengaluru; Editing by Savio D'Souza)

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