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For 2016, $LEN expects deliveries to be 26,500-27,000 homes. Backlog conversion ratio is expected to be around 75% in 3Q16 and for 4Q16, it is expected to be at least 90%. Operating margins are expected to be flat to down 50BP for 2016. GM in 3Q16 is expected to be 22.5-23% while for 4Q16, it is expected to be 23.5-24%.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.