homebuilding stocks

Lennar Earnings: Homebuilder Is Back in the Black

Lennar posted third-quarter earnings of $30 million, or 16 cents a share, compared with a loss of $171.6 million, or 97 cents a share, a year earlier. Lennar earned $825 million in revenue for the quarter ended August 31, the company said in a statement.

Lennar Could Be
a Hotspot in Cold Housing Stocks

Housing is one cold spot in the economy that continues to baffle and rattle investors. Lennar, however, is among the few that some big investors are moving back into. Its diversification and appeal to first-time buyers are among company's strengths.