Christmas has come early on Wall Street thanks to the U.S. Federal Reserve. The central bank's last interest rate decision of 2023 delivered everything investors wanted to hear.
Lennar Corporation (NYSE:LEN ) Q4 2023 Earnings Call Transcript December 15, 2023 11:00 AM ET Company Participants David Collins - VP & Controller Stuart Miller - Executive Chairman Jon Jaffee - Co-CE
Rafe Jadrosich, BofA Securities senior homebuilders analyst, join 'The Exchange' to discuss the outlook for homebuilders, the impact of rate cuts, and more.
Lennar Corporation NYSE: LEN share prices pulled back following the Q4 release, but this is a classic buy-the-dip opportunity. The strong results relative to the consensus figure were not unexpected

Lennar Stock Takes a Breather After Earnings

10:42am, Friday, 15'th Dec 2023
Lennar Corp   (NYSE:LEN) stock is in focus today, after the homebuilder reported fourth-quarter earnings last night.
Lennar's (LEN) fourth-quarter fiscal 2023 results reflect higher deliveries and orders. Yet, gross margin remains under pressure due to lower home prices.
Economic data has continued shedding excess inflation like a recent prescription of Ozempic can do for one's physique.
While the top- and bottom-line numbers for Lennar (LEN) give a sense of how the business performed in the quarter ended November 2023, it could be worth looking at how some of its key metrics compare
Lennar (LEN) came out with quarterly earnings of $5.17 per share, beating the Zacks Consensus Estimate of $4.64 per share. This compares to earnings of $5.02 per share a year ago.
Lennar (NYSE:LEN) shares fell 3.5% after hours Thursday despite the company beating expectations on the top and bottom lines with its fourth quarter results.  The dip reversed some of the stock's 6
Home builder Lennar Corp. LEN, +6.65% on Thursday reported sales that beat expectations in house deliveries and new orders, though the company's stock was down 4% in after-hours trading. The Miami-bas
Your job as an investor is to make sure that you can buy wonderful businesses at fair prices, which is what Charlie Munger (rest his soul) taught Warren Buffett to get him to pivot from accepting what
Steady rates and a notable improvement in the inflation fuel optimism for homebuilders in 2024.
Kudos to Fundstrat's ever-bullish Tom Lee, one of the few to correctly predict Wednesday's dovish turn from the Federal Reserve that has unleashed bond and stock bulls.
They say when the FED lowers rates, bubbles almost become inevitable as cheap money races in every direction to find high-risk, high-reward investments or trades. But you are not the average investor;
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