Pending Home Sales (Feb. MoM) 3.5% vs 1.2% Expected

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FBR Capital Reiterates Outperform Following Lennar Corp.'s (LEN) 1Q EPS Beat

March 30, 2016 7:22 AM EDT

FBR Capital reiterated an Outperform rating and $60.00 price target on Lennar Corp. (NYSE: LEN) following the company's 1Q earnings report. Lennar reported headline F1Q16 EPS of $0.63, which exceeded consensus expectations of $0.52. This was a strong quarter for Lennar, as homebuilding deliveries, average... More