Darker Clouds on the Housing Horizon? A Lennar Earnings Preview
Monday at 4:30PM ET we’ll have quarterly earnings from Lennar (LEN), the world’s most important public home builder. Results here are pivotal because they give us a look at just how persistently bad consumer demand for new homes has been during a Spring Selling Season interrupted by Liberation Day and sustained high interest rates. LGIH gave us a partial preview with their May sales results, which were nothing short of awful and largely missed by investors:
Below you’ll find the Consensus metric overview for Lennar’s results:
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