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Posted by
Two Blokes Jun 17 -
Filed in
Stock
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4 views
Lennar's earnings and guidance were better than feared, but ongoing margin pressure and weak Sun Belt pricing keep me cautious about the stock. The company is sacrificing margins to support volumes through increased incentives, resulting in lower profits and persistent margin headwinds. Lennar's solid balance sheet supports buybacks and a secure dividend, but near-term stability depends on new orders in riskier markets.
