Lennar Corp. shares fell 4% after the U.S. homebuilder issued Q1 guidance that missed Wall Street expectations, despite beating revenue forecasts for Q4.
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https://en.infomaxai.com/news/articleView.html?idxno=96154

#MasTec #MasTecInc #HaskellCompany #TheHaskellCompany #StellarConstruction #MossAndAssociates #Lennar #LennarCorporation #ManhattanConstruction #ManhattanConstructionGroup #PowerDesign #PowerDesignInc #OwenAmesKimball #ThorntonConstruction #DeAngelisDiamond #FloridaConstruction #FloridaContractors #TopFloridaBuilders #BuildFlorida #FloridaDevelopment #InfrastructureFlorida #CommercialConstruction #ResidentialConstruction #DesignBuild #ConstructionLeaders #FloridaBuilders #ConstructionIndustry

Lennar Corp., a top US homebuilder and recent Berkshire Hathaway investment, will report Q3 earnings tomorrow, with markets watching for signs of a US housing market turnaround amid margin pressures and incentive trends.
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#Lennar #BerkshireHathaway #Earnings #HousingMarket #Margin
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82428

Lennar Corp. beat Wall Street revenue forecasts for Q2 on robust home sales, though profit fell sharply as average selling prices declined; shares rose in after-hours trading.
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https://en.infomaxai.com/news/articleView.html?idxno=67849

Lennar surpasses Q1 revenue and profit expectations, but Q2 guidance disappoints as housing market challenges persist, impacting stock performance.
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https://en.infomaxai.com/news/articleView.html?idxno=55127

#Chegg soars on workforce cuts. #Lennar drops on weak Q3 outlook. #GameStop up on store strategy. #Tesla falls on Musk pay legal battle. #Apple ends 'buy now, pay later'. #Merck's new vaccine. #LaZBoy surges on earnings. #Boeing's CEO search. #NVIDIA, #Micron gains.

#SP500 & #DowJones rise on softer retail sales, focus on #Fed comments. May #RetailSales +0.1% vs. +0.3% expected. #Industrialproduction +0.9%. Chip stocks rally, #Nasdaq flat. Light trading pre-Juneteenth. #Lennar falls, #Chegg surges. #Citigroup raises S&P 500 target to 5,600.

#US stock #futures steady with #SP500, #Nasdaq near record highs ahead of economic data and #Fed commentary. #DowJones futures slip. #TechStocks and chipmakers gain, while #Lennar and #NextEra Energy fall. Chegg surges on job cuts. Markets closed Wed for Juneteenth. #Stocks