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Lennar Stock Rises Despite Q2 Profit Miss
The shares at on track for their best day since April, but are still struggling with overhead pressure at the $115 level despite pacing for their third gain in the last four sessions. LEN carries a 13.4% year-to-date deficit, shed 24.6% in the last 12 months, and isn't too far off its April 9, 52-week low of $98.42.
Lennar sees the average price of homes delivered for the current quarter falling to the lowest levels seen in eight years.
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Lennar Corp (LEN) focuses on volume growth and cost reduction amid challenging market conditions, maintaining strong ...
Shares of Lennar Corporation LEN rose sharply in today's pre-market trading after the company reported mixed results for the ...
Lennar Corporation's second-quarter revenue reached $8.38 billion, exceeding Wall Street estimates, supported by incentives ...
Shares of Lennar Corp. Cl A LEN slipped 3.16% to $108.61 Friday, on what proved to be an all-around grim trading session for ...
The Details: Lennar reported quarterly earnings of $1.90 per share, which missed the Street estimate of $1.94. Quarterly ...
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Lennar's Homebuyer Incentives Curtail Sales Drop But Hit Profit: Retail Enthused After Unexpectedly Strong ReportU.S. homebuilder Lennar Corp (LEN) on Monday reported second-quarter revenue that exceeded Wall Street expectations, sending ...
Lennar (NYSE:LEN) stock gained 2.8% in Monday after-hours trading after the homebuilder turned in mixed fiscal Q2 results, ...
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