We Did Not See Much Bear Fodder in this Report from Lennar as the Major Line Items Appeared to be in Line to Better Than our Expectations and Consensus

Lennar stock rose today after beating out expectations on their earnings report. Wedbush’s Jay McCanless covers Lennar and states that the details of the report resulted better than expectations.

For more on Jay McCanless’ comments: Lennar Stock Jumps as Pivot to Low-Price Homes Pays Off