Lennar’s Q2 2015 earnings beat estimates by 15 cents coming in at 70 cents a share versus 61 cents per share a year ago. Revenue jumped 31% year over year and came in at $2.39 billion. Deliveries rose to 5,989 versus 4,976 a year ago. The stock closed up over 4% on the day after the earnings report.
As the International Builders’ Show gets going in Vegas this week, the sentiment seems to be one of cautious optimism. Coming off of a sluggish 2014, loosening mortgage standards for
PulteGroup, Inc. reported 1Q 2015 earnings of $55 million or 15 cents a share. Earnings were down from the year-ago period level of $74.8 million, or 19 cents per share,
The NAHB Homebuilder Confidence Index moved up to 58 in November from 54 in October which marks the second-highest figure since the peak of the market in 2005. Builders nationally
