Lennar reported strong third-quarter results across ..... year-over-year basis. No-moat-rated Lennar ’s results compare favorably to other homebuilders ..... ramping incentives and slowing order growth. Lennar continues to show that it is one of the best
increase in the headline Housing Market Index to 59 was the fourth straight gain, and brought the level to its highest since November 2005. ITB +3% , XHB +1.8% Previously: Homebuilders party after Lennar results Post your comment!
NEW YORK, Sept 17 (Reuters) - Housing stocks were solidly outperforming the broader market in the early stages of trading on Wednesday, in the wake of earnings from homebuilder Lennar Corp and upbeat...
Lennar 's sizable earnings beat included a 23% gain in new orders - a strong result given the slowdown seen from some other builders. Previously: Lennar up 4.3% after reporting big quarter ETFs: ITB +2.6% , XHB +1.8
Sept 17 (Reuters) - Lennar Corp , the second largest U.S. homebuilder, reported a better-than-expected 47 percent jump in quarterly profit as it sold more homes at higher prices, and its shares rose...
on home sales of 14.8% up 10 basis points. Lennar Multifamily contributed operating earnings of ..... recovery." Conference call at 11 ET Previously: Lennar beats by $0.11, beats on revenue LEN +4.3% premarket Post your comment!
Sept 17 (Reuters) - U.S. homebuilder Lennar Corp , reported a 47 percent rise in quarterly profit as it sold more homes at higher prices, and said orders rose 23 percent.
Lennar (NYSE: LEN ): FQ3 EPS of $0.78 beats by $0.11 . Revenue of $2.01B (+25.6% Y/Y) beats by $50M . Press Release Post your comment!
Lennar (NYSE: LEN ) and D.R. Horton (NYSE: DHI ) are upgraded to Overweight, while PulteGroup (NYSE: PHM ) is upgraded to Neutral following
recent cycle is unlikely to repeat anytime soon, we believe an industry roller-coaster ride will continue. Similar to Lennar , Toll Brothers has unique risks with regard to its nonhomebuilding ventures. With Gibraltar, Toll Brothers exposes itself