|Day's range||5.70 - 5.70|
Rising mortgage rates and affordability issues are potent headwinds for Lennar (LEN).
Today's conference call may include forward-looking statements, including statements regarding Lennar's business, financial condition, results of operations, cash flows, strategies, and prospects. Forward-looking statements represent only Lennar's estimates on the date of this conference call and are not intended to give any assurance as to actual future results. Because forward-looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties.
Multiple bank failures in the U.S. have so far had no impact on the lending business of one of the country's top homebuilders.