Want to join the conversation?
$LEN's 3Q15 GM on homesales was 24.1%; on track to achieve 24% GM for FY15. Highest GM percentages were reported in East, Southeast Florida and West regions in 3Q15. $LEN is on track to achieve a 30-40 BP improvement in the combined SG&A cost in corporate G&A lines for FY15. 3Q15 SG&A percentage is the lowest for 3Q since the late 1990s.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.