FBR Capital Reiterates Outperform Following Lennar Corp.'s (LEN) 1Q EPS Beat
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Pre-Open Stock Movers 03/29: (KERX) (OHRP) (CNL) Higher; (SUNE) (GEVO) (ALXA) Lower (more...)
March 29, 2016 9:27 AM EDTSunEdison (NYSE: SUNE) 34.1% LOWER; In an SEC filing, unit TerraForm Global (NASDAQ: GLBL) stated that "due to SunEdisons liquidity difficulties, there is a substantial risk that SunEdison will soon seek bankruptcy protection." TerraForm Global's disclosure followed a Wall Street Journal report yesterday evening that said SunEdison is being investigated by the SEC for overstating its cash position last fall. The report also said SunEdison is working with advisers on a potential bankruptcy filing, according to people... More
Lennar Corp. (LEN) Tops Q1 EPS by 11c
March 29, 2016 7:45 AM EDTLennar Corp. (NYSE: LEN) reported Q1 EPS of $0.63, $0.11 better than the analyst estimate of $0.52. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.86 billion.
Deliveries of 4,832 homes up 12%New orders of 5,794 homes up 10%; new orders dollar value of $2.1... MoreTrading Radar for 3/29: Conn's (CONN), Lennar (LEN), McCormick (MKC), Restoration Hardware (RH) Report
March 28, 2016 3:48 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Earnings:
American DG Energy (Nasdaq: ADGE) - no Street consensus
American Shared Hospital (NYSE: AMS) - no Street consensus
China Nepstar Chain... More
Pending Home Sales (Feb. MoM) 3.5% vs 1.2% Expected
March 28, 2016 10:00 AM EDTPending Home Sales (Feb. MoM) 3.5% vs 1.2% Expected
Following results traders are watching:
D.R. Horton, Inc. (NYSE: DHI)
Pulte Group (NYSE: PHM)
KB Home (NYSE: KBH)... More
