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Builder sentiment in June dropped 2 points from May to 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Anything below 50 is considered negative.
The headline numbers for Lennar (LEN) give insight into how the company performed in the quarter ended May 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Lennar (LEN) came out with quarterly earnings of $1.90 per share, missing the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $3.38 per share a year ago.
Lennar Corp. LEN released its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.
Lennar said high costs and lower consumer confidence are leading to softness in the housing market.
Jay McCanless sets the foundation for Lennar's (LEN) earnings after the close. Expectations for the report are low, though persistently high interest rates can pose a challenge to its outlook.
Empire State Index Comes in Below Expectations.
A bevy of economic reports and a new FOMC meeting are expected on this holiday-shortened week.
Lennar (LEN) earnings are set to report after Monday's close. Rick Ducat digs into the homebuilder's technical layout, looking at support and resistance levels on the chart.
The main event of the coming shortened trading week is the two-day Federal Open Market Committee's monetary-policy meeting.