— Lennar Corporation (NYSE: LEN) reported Q4 2019 earnings of $2.13 per share, vs. $1.90 expected.
— Revenues grew 8% to $7 billion, vs. $6.5 billion expected.
— Deliveries rose 16% to 16,420 homes.
— New orders were up 23% to 13,089 homes.
— New orders dollar value grew 23% to $5.2 billion.
— Backlog totaled 15,577 homes.
— Backlog dollar value fell 4% to $6.3 billion.
— Revenues from home sales increased 8% to $6.4 billion.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,