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Why Lennar Stock Is Moving Higher After Hours
Tuesday, March 14, 2023 - 4:44pm | 507Lennar Corp (NYSE: LEN) shares are trading higher in Tuesday's after-hours session after the homebuilder reported better-than-expected financial results. What Happened: Lennar said fiscal first-quarter revenue increased 5% year-over-year to $6.49 billion, which beat average...
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Why Lennar Shares Are Falling Today
Thursday, December 16, 2021 - 9:59am | 279Lennar Corp (NYSE: LEN) is trading lower Thursday morning after the company announced worse-than-expected fiscal fourth-quarter earnings results. Lennar reported quarterly earnings of $3.91 per share, which came in below the estimate of $4.15 per share. The company reported quarterly revenue of $8....
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Lennar Gains 2% Following Top And Bottom Line Beat
Tuesday, March 29, 2016 - 11:07am | 241Shares of Lennar Corporation (NYSE: LEN) were trading higher by more than 2 percent Tuesday morning after the company reported its first quarter results. Lennar said it earned $0.63 per share in the first quarter on revenue of $1.99 billion. Wall Street analysts were expecting the company to...
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Lennar Multifamily JV Strategies Gaining Momentum
Friday, July 17, 2015 - 10:11am | 619On July 16, GlobeSt.com published an article on Lennar Corporation (NYSE: LEN)'s $1.1 billion Lennar Multifamily Venture (LMV), was created to develop luxury multifamily apartments in 25 U.S gateway and high-barrier to entry urban markets. "The business plan: to provide better risk-...
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Lennar CEO Explains Housing Recovery's Shortcomings
Wednesday, June 3, 2015 - 1:02pm | 432The housing market has recovered from the financial crisis meltdown, but still the recovery hasn’t been as spectacular as expected. Lennar Corporation (NYSE: LEN) CEO Stuart Miller was on CNBC Wednesday to discuss the improvement in the housing market and why people are still apprehensive...
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Here's What The Street's Saying About Lennar
Friday, March 20, 2015 - 10:24am | 369Lennar Corporation (NYSE: LEN) reported better than expected earnings on Thursday. EPS was $0.50 on revenue of $1.64 billion, beating the consensus estimate of $0.45 on $1.5 billion of revenue. In a statement, Lennar CEO Stuart Miller said, "In spite of some very difficult weather...
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5 Stocks That Have JPMorgan Analysts Talking
Friday, February 20, 2015 - 1:48pm | 423Fresh from J.P.Morgan, let's take a quick look at some of the stories analsyts are watching. Westlake Chemical Corporation (NYSE: WLK) is rated at Overweight. According to Jeffrey J. Zekauskas, Westlake Chemical offers “the most favorable risk/reward characteristics of the North...
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This Is What Lennar's CEO Had To Say On The U.S. Housing Recovery
Monday, November 24, 2014 - 4:45pm | 296While the housing sector has recovered from the post-financial crisis meltdown, it is yet to reach levels seen before the financial crisis. The U.S. housing recovery has been consistent, albeit slow. Stuart Miller, CEO of Lennar Corporation (NYSE: LEN), was recently on CNBC to discuss what is...
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Lennar Earnings Squash Estimates, Revenue Jumps, Shares Jump (LEN)
Tuesday, June 25, 2013 - 8:19am | 693Home builder Lennar (NYSE: LEN) reported second quarter results that beat analyst estimates on the top and bottom lines. Shares rose pre-market on the beat as investors cheered the data ahead of key housing-related economic data due out this morning. Second Quarter Results For the fiscal second...
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JP Morgan Maintains Overweight Rating on Lennar
Tuesday, November 22, 2011 - 8:23am | 117A report from J.P. Morgan reiterates its Overweight rating on Lennar (NYSE: LEN). The report states, “Following our meeting with LEN last Friday at its Miami headquarters, which included CEO Stuart Miller, Rialto President Jeff Krasnoff, and CFO Bruce Gross, we provide the following two...