Home Buyers Remain Hesitant. It Shows in Lennar’s Earnings. - Barron's
1. Lennar reports earnings below analyst expectations amid a slow housing market. 2. Stock down 4% today; shares down 20% year-to-date. 3. Consumer confidence low due to high mortgage rates and tariffs. 4. Gross margins decline, impacting profitability as incentives grow. 5. Builder sentiment remains weak, suggesting continued market challenges.