Read more
3:52 PM · 17 December 2020

Lennar stock jumped 9% on upbeat quarterly earnings results

Lennar
Stocks
LEN.US, Lennar Corp
-
-

Lennar (LEN.US) – surged more than 9% after the company reported its quarterly figures. The largest home construction company in the United States earned $2.82 per share, beating the analysts' expectations of $2.37 a share. Revenue also beat markets estimates helped by reining in costs while benefiting from a strong housing market. Lennar benefits thanks to low mortgage rates, and high demand for houses. The home builder forecasts financial services operating earnings between $110 million – $115 million in the first quarter of 2021 and $400 million – $425 million in the fiscal year 2021.

Lennar (LEN.US) stock launched today's session higher, breaking out from the triangle formation and above 50 SMA (green line). Currently price is testing resistance at $80.30. If buyers manage to break above it, an upward impulse towards $86.76 could be launched. On the other hand, once sellers regain control, the local support at $76.90 may be at risk. Source: xStation5
9 January 2026, 6:59 PM

Daily summary: Markets recover optimism at the end of the week

9 January 2026, 3:14 PM

US OPEN: Investors exercise caution in the face of uncertainty.

9 January 2026, 2:49 PM

Oklo shares surged in a true “atomic open” on today’s session

9 January 2026, 10:24 AM

Rio Tinto and Glencore shake up the mining market🚨 Giants negotiate merger 🤝

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits