– The drugstore operator reported an unexpected profit of 40 cents per share, compared with forecasts of a 5 cents per share loss. Revenue also exceeded estimates, driven by growth in both the retail pharmacy and pharmacy services segments. The shares added 9% in premarket trading as of 7:30 a.m. ET.
– Lennar reported quarterly profit of $2.82 per share, beating the consensus estimate of $2.37 a share. The home builder's revenue also came in above Wall Street forecasts. Lennar and other home builders continue to benefit from low mortgage rates, and high demand due to the pandemic. The shares gained 3.7% in premarket trading as of 7:30 a.m. ET.
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