Lennar's Revenues Going Le Down?
Right now average revenue estimates for Lennar's upcoming quarterly report on Thursday morning is $1.1 billion dollars. Holy pimping wimp chimp batman, how can that be? They only did that much last quarter when they were working with a much higher backlog log ($1.4 Billion vs. current $1.1 Billion) and most likely a much higher spec count from a bunch of cancellations in Q4.
$1.1 Billion? Anybody seen where up yours Oppenheim landed after getting released from I love you Countrywide Bank America? I just want to know what these guys are smoking because I could use some tonight.
My son is in the local little league championship game tonight and we are playing the neighborhood rival. Yours truly is one of the coaches and we have to look good for the hottie wives on the opposing team.....fortunately ours ain't bad either.
Sorry for talking up the boy....I promise not to do it again but with his paternal genetic handicap, it is a pretty amazing accomplishment.
Back to the issue at hand.....anyone think Lennar is up for a big Le Miss on Thurday Le Morning?
My estimates is for a HB revenue run of approximately $750 million(absent any extraordinary land sales) versus current estimates of $1.1 Billion. Anyone else have any guesses?