Lennar Beats in Street in Fiscal Q1 2015
Public homebuilding bellweather, Lennar, reported fiscal Q1 2015 financials that beat the street on both earnings and revenues. Earnings were $.0.50 per share versus consensus analyst estimates of $0.45 per share and $0.35 for the year ago period. Revenues came in at $1.64B versus consensus analyst estimates of $1.5B and $1.36B for the year ago period.
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Mixed Signals in the New Home Market
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