Uncategorized

Homebuilders set for another ‘lost’ earnings season

For US homebuilders, the Iran war dashed what little optimism they had left for this earnings season.  Processing Content Developers including D.R. Horton Inc., Lennar Corp. and KB Home all missed expectations last quarter and estimates suggest both sales and earnings have fallen further as conflict in the Middle East unsettled buyers and raised costs. […]

Homebuilders set for another ‘lost’ earnings season Read More »