Tag: Home Construction

Lennar Beats Earnings Estimates. The Stock Drops.

Lennar reported third-quarter earnings on Thursday that beat estimates as homes for sale remained in short supply. Yet the company’s shares were falling in after-hours trading, even as its executive chairman said stronger demand from home-buyers lies ahead.

Lamda Development: Με στόχο τα 11,5 ευρώ ξεκινά κάλυψη η Axia

Η Lamda Develoρment προσφέρει μείγμα σταθερότητας από τη λειτουργία των εμπορικών κέντρων και μια μεγάλη ευκαιρία δημιουργίας αξίας για τους μετόχους της από το έργο του Ελληνικού, το οποίο θα μπορούσε να αποφέρει υψηλές πιθανές αποδόσεις στους επενδυτές.

Lennar 2Q Revenue Rises on Home Deliveries, New Orders Push

Lennar logged higher revenue in its fiscal second quarter after reporting a jump in home deliveries and new orders amid sales incentives directly aimed at the consumer.

D.R. Horton’s stock rallies as limited home supply boosts profit and sales

Shares of D.R. Horton Inc. rallied Thursday, after the home builder reported fiscal second-quarter profit and revenue that rose well above expectations and raised its full-year outlook, as the continued lack of housing supply helped boost sales.

Lennar’s Earnings Are a Read on Housing. Demand for New Homes Is Strong.

Lennar , one of the nation’s largest home builders, beat expectations for third-quarter revenue and profit on Thursday, demonstrating that demand for new homes remained strong through August.