Lennar (LEN) Investors Show Jitters Despite Impressive Q4
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Notable ETF Movers of the Day 01/16: (USO) Higher; (XME) (XHB) Lower
January 16, 2013 2:09 PM ESTGainers:
United States Oil ETF (NYSE: USO) gained 0.5 percent to 34.2. WTI futures prices edged higher on Wednesday above $94 per barrel. Bullishness was driven by a surprisedecline in crude inventories. Analysts were expected a... More
Lennar (LEN) SG&A Gains Could Fuel More Upside
January 16, 2013 10:17 AM ESTOn Tuesday homebuilder Lennar (NYSE: LEN) reported Q4 results that topped estimates on the top and bottom line. Investor' reaction was mixed, and shares of Lennar experienced choppy trading following the announcement.
Commenting on developments, David Williams said he thinks... More
Lennar Corp. (LEN) Tops Q4 EPS by 11c; Deliveries Rose 32%
January 15, 2013 6:02 AM ESTLennar Corp. (NYSE: LEN) reported Q4 EPS of $0.56, $0.11 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.32 billion.
Deliveries up 32 percent to 4,443 homes, new orders up 32 percent to 3,983 homes, backlog up 87 percent to 4,053... More
