Edition:
United Kingdom

Lennar Corp (LEN.N)

LEN.N on New York Stock Exchange

54.06USD
13 Jul 2018
Change (% chg)

$0.28 (+0.52%)
Prev Close
$53.78
Open
$53.68
Day's High
$54.24
Day's Low
$53.59
Volume
333,914
Avg. Vol
1,027,431
52-wk High
$72.16
52-wk Low
$48.71

Select another date:

Tue, Jun 26 2018

Photo

Homebuilder Lennar shrugs off rising rate concerns with profit beat

Lennar Corp on Tuesday reported a better-than-expected quarterly profit as robust housing demand helped it boost prices, shaking off any concerns that rising interest rates could keep homebuyers at bay. | Video

UPDATE 4-Homebuilder Lennar shrugs off rising rate concerns with profit beat

* Shares rise 6.8 pct at midday (Adds details from conf call, analyst comment; Updates shares)

Pulte's home sales forecast points to strong housing market

PulteGroup Inc joined bigger rival Lennar Corp in raising its home sales forecast for the year, underscoring homebuyers' optimism around an improving economy despite rising interest rates.

UPDATE 3-Pulte's home sales forecast points to strong housing market

* Sees FY deliveries of 22,500 to 23,500 homes (Adds details from conference call, shares)

UPDATE 1-Lennar CEO to become executive chairman

April 12 U.S. homebuilder Lennar Corp on Thursday said longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.

Lennar CEO to become executive chairman

April 12 Lennar Corp on Thursday said its longtime Chief Executive Officer Stuart Miller will become executive chairman and will be replaced by current President Rick Beckwitt.

BRIEF-Lennar's Board Of Directors Elects New Executive Positions

* BOARD HAS ELECTED STUART MILLER, RICK BECKWITT, JON JAFFE, BRUCE GROSS AND DIANE BESSETTE TO NEW EXECUTIVE POSITIONS WITH COMPANY

Lennar raises home sales forecast ahead of spring selling season

Lennar Corp on Wednesday signaled confidence in housing demand ahead of the crucial spring selling season by raising the number of homes it expects to sell in fiscal 2018, sending the No.2 U.S. homebuilder's shares as much as 9.6 percent.

UPDATE 3-Lennar raises home sales forecast ahead of spring selling season

* Shares rise as much as 9.6 pct (Adds details from conf call; Updates shares)

BRIEF-Lennar Q1 Earnings Per Share $0.53

* Q1 EARNINGS PER SHARE VIEW $0.77 -- THOMSON REUTERS I/B/E/S

Select another date: