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ID: 30633
Title: Lennar 1Q profit falls on soft market (AP)
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A company flag flies at the townhouse community of Milan by Lennar in Doral, Fla. in this Jan. 17, 2007 file photo. Lennar Corp., one of the nation's largest homebuilders, said Tuesday, March 27, 2007 its first-quarter profit tumbled 73 percent on continued softness in the housing market, and warned it doesn't expect to meet its 2007 earnings guidance. (AP Photo/Lynne Sladky, file)AP - One by one, some of the nation's largest homebuilders have seen quarterly earnings get crushed by the slump in the housing market.
Category: Business/Company Earnings/
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Date Added: March 27, 2007 09:01:30 PM
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