The first quarter was tougher than management had hoped, but lower interest rates are bringing buyers back to the housing market.
News & Analysis: Lennar
Elsewhere, homebuilding stocks rose after Lennar gave a positive outlook for new home sales.
Sometimes the best time to buy is when no one else wants to.
Investors cheered the homebuilder's latest earnings report.
Even though Lennar's earnings results weren't the best result recently, its chairman of the board still sees plenty of reasons to be optimistic.
The nation's largest homebuilder by market capitalization was able to blow past analyst expectations, but there are still signs that headwinds are developing.
Skyworks Solutions made gains despite lowering guidance and Lennar gave an upbeat assessment of housing demand.
Why Constellation Brands, Lennar Homes, and Bed Bath & Beyond stocks could make big moves in the trading days ahead.
It can be challenging for investors to sift through the signal and the noise of the housing market. Here's what Lennar's most recent earnings tell us.
LEN earnings call for the period ending August 31, 2018.