, which beat estimates. The company reported earnings of $1.65 on revenues of $5.29 billion, whereas analysts polled by Refinitiv had expected earnings of $1.18 on revenues of $5.25 billion.
Lennar also reported that new orders are down 10% and the dollar value of those new orders is down 16%, but that business improved in May and the rebound has continued through the first half of June.
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Stocks making the biggest moves midday: Delta Air Lines, Carnival, Shopify, RH, Moderna, BP & moreAirlines and cruise lines took a hit while Shopify and RH traded higher around midday. Go for it !!
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Source: NPR - 🏆 96. / 63 Read more »
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Source: latimes - 🏆 11. / 82 Read more »
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Source: Reuters - 🏆 2. / 97 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »