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Lennar Corp. Expected Results

Building permits, housing starts, the import price index and an update from the Federal Reserve and Fed Chairman Jerome Powell are brought today.

The following publicly traded companies will publish quarterly earnings reports today June 16:

Lennar Corp. (NYSE: LEN – $ 92.55) operates in the United States as a home builder primarily under the Lennar brand. Lennar will present his results for the second quarter of 2021 in front of the bell today.

The following publicly traded companies released quarterly earnings reports yesterday, June 15:

H&R Block Inc. (NYSE: HRB – $ 25.52) provides assistance in preparing income tax returns, do-it-yourself (DIY) taxes, and virtual tax preparation services and products for the general public. H&R Block reported adjusted diluted earnings per share of $ 5.16 on revenue of $ 2.33 billion for the three months ended April 30.

La-Z-Boy Inc. (NYSE: LZB – $ 42.49) manufactures, markets, imports, exports, sells and sells upholstered furniture products, accessories and Casegoods furniture products. La-Z-Boy reported earnings of $ 37.5 million, or 81 cents per share, for the fourth quarter, compared to $ 2.3 million, or 5 cents per share, for the year-ago quarter. Adjusted for one-off effects, the company claims it earned 87 cents per share.

Oracle Corp. (NYSE: ORCL – $ 15.50) offers products and services for corporate IT environments. Oracle reported quarterly revenue of $ 11.23 billion, up 8% year over year. It also beat the consensus estimate of $ 11.04 billion.

StepStone Group Inc. (NASDAQ: STEP – $ 31.64) is an investment firm specializing in direct, fund of funds, secondary direct and secondary indirect investments. StepStone Group reported a quarterly cash dividend of $ 0.07 per Class A common share.

Look to tomorrow, the usual data on initial jobless claims and ongoing jobless claims, as well as the Philadelphia Fed index for manufacturing and leading indicators for the economy, will be released. AAll economic data presented here are preliminary and subject to change.


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