Homebuilder, Lennar Corporation (NYSE: LEN) said on Tuesday that fiscal third quarter earnings increased 39%, aided by stronger margins, jump in orders and deliveries and a staggering revenue growth. For the latest period, profit stood at $120.7 million or 54 cents a share, compared to a net income of $87.1 million or 40 cents a [...]
Shares of most homebuilders rallied on Thursday, thanks to the Federal Reserve Chairman Ben Bernanke’s extremely dovish remarks. [...]
KB Home (NYSE: KBH) reported lower-than-expected fiscal second-quarter loss on Thursday as the homebuilder benefitted from strong growth in home deliveries and higher average selling price amid gradually improving U.S. housing market. [...]
Lennar Corp. (NYSE: LEN) said on Tuesday that fiscal second quarter net income fell by 70% as the company had unfavorable comparables (more tax gains in the year earlier quarter); however shares climbed as both revenue and earnings exceeded street’s estimate. Strong growth in new orders and increase in home prices boosted the top line [...]
Shares of home builder, Lennar Corporation (NYSE: LEN) gained on Wednesday after the company reported fiscal first-quarter results which comfortably beat Street’s estimates as revenue soared thanks to increase in home deliveries and higher home prices in the backdrop of significantly improving housing market. Orders and backlog, two most important gauges on homebuilding sector as [...]
America’s largest homebuilder in terms of market capitalization, Lennar Corp. (NYSE: LEN) reported better-than-expected fiscal fourth-quarter results on Tuesday as revenue soared 42 percent during period, thanks to record low mortgage rates and contracting supply of existing homes which prompted Americans to own a new house. [...]
Florida-based Homebuilder and Mortgage Service provider, Lennar Corp. (NYSE: LEN) reported results for the third quarter of 2012 ending Aug 31, 2012. [...]
U.S.’s third biggest homebuilder Lennar Corp. (NYSE: LEN) reported on Wednesday that new orders rose for a fifth consecutive quarter and the company was also able to command higher prices in a market which is recovering slowly but surely. [...] |
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