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1.58609313538747E-05 3.17218627077494E-05 0.000222053038954426 -0.000222053038954426 0.000190331176246676 0.000259484836949584 0.00123715264560331 0.00231569597766787
Stock impact report

Why Lennar (LEN) Shares Are Falling Today [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company's earnings of $1.93 per share fell 12.6% short of analyst estimates of $2.21 and marked a sharp decline from $4.10 per share reported in the same quarter a year ago. This profit miss overshadowed a beat on revenue, which came in at $9.37 billion versus expectations of $9.13 billion. Investors also focused on weakening profitability, as the company's operating margin narrowed to 7.8% from 13.7% in the prior-year period. Additionally, Lennar's backlog, an indicator of future revenue, declined 3.2% year-over-year to $5.2 billion, signaling potential challenges ahead. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy Lennar? Access our full analysis report here Lennar's shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change Show less Read more
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