Shares of home builders got a broad lift in morning trading Tuesday, as data on existing home sales assuaged some investor fears, for now, by meeting expectations. The iShares U.S. Home Construction E

Read How Homebuilder Lennar Fared In Q2

09:21am, Tuesday, 21'st Jun 2022
Lennar Corp (NYSE: LEN) reported second-quarter FY22 sales growth of 30% year-on-year to $8.36 billion, beating the consensus of $8.11 billion. Homebuilding revenues rose 33% Y/Y.
Lennar (NYSE: LEN) reported a fantastic 2nd quarter but there are signs with the report that makes us think we've reached a peak in the housing market. The company's New Orders and Backlog suggest tha
Lennar (LEN) delivered earnings and revenue surprises of 18.73% and 2.86%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Lennar's Stock Rises After Earnings Beat

07:14am, Tuesday, 21'st Jun 2022
The house builder said gross margin on home sales improved to 23.4% from 18.6%, even as materials costs and wages increased.
Homebuilder Lennar Corp said on Tuesday surging interest rates and home prices are driving consumers in many markets to reconsider buying homes.
Shares of Lennar Corp. LEN, +0.22% were indicated up more than 5% in premarket trading Tuesday, after the homebuilder reported fiscal second-quarter profit, revenue and new orders that beat expectatio

5 Stocks To Watch For June 21, 2022

04:52am, Tuesday, 21'st Jun 2022
Some of the stocks that may grab investor focus today are: Wall Street expects Lennar Corporation (NYSE: LEN) to report quarterly earnings at $3.98 per share on revenue of $8.16 billion before the ope
Higher pricing and operating leverage, given prudent investments in technology, are likely to have aided Lennar's (LEN) fiscal Q2 performance.
With respect to the evolution of earnings estimates, we should point out that while estimates have come down a bit, they are nowhere near what would be consistent with a significant economic slowdown.

4 Stocks Reporting Earnings the Week of June 20

04:50pm, Thursday, 16'th Jun 2022
Earnings season is winding down, but these companies still have to report results in coming days amid a difficult market environment. The post 4 Stocks Reporting Earnings the Week of June 20 appeared
The shares of Lennar Corporation (NYSE:LEN) are down 5.9% at $64.98 at last check, as investors prepare for the homebuilding company's second-quarter earnings report, which is due out before the open
On Thursday, June 16, home builders' stocks dropped markedly after data came in lower for May by 14.4%. Currently, the.
CNBC's Diana Olick joins 'Closing Bell' to report on homebuilder stocks.
Shares of homebuilders traded broadly lower Tuesday, after two real estate companies announced job cuts, another sign suggesting the housing market has slowed. The iShares U.S. Home Construction ETF I
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