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.
If you haven’t heard of Landsea yet, sounds like you probably will. One of China’s largest homebuilders proclaims that it will invest more than $1B into the US housing market.
The National Association of Home Builders/Wells Fargo index fell to 55 from 57 in January. The drop was attributable to builders active in the Midwest where severe weather resulted in
Earlier this year, Ryland and Standard Pacific, two publicly-traded homebuilders, announced merger plans with a closing set for fall of 2015. Now, they have unveiled a new name for the
