Costco Tops Fiscal 1Q18 Estimates

Costco Wholesale (COST) reported stronger-than-expected fiscal 1Q18 results, surpassing analysts’ expectations for both sales and EPS (earnings per share).

Pre-Market Report: Global Markets Are Weak on December 15

After a pullback on Thursday, the Shanghai Composite Index opened lower on December 15 and fell to five-week low price levels.

US Markets Had a Mixed Performance on December 14

The S&P 500 started this week on a stronger note. Despite a strong start, the market lost momentum as the week progressed and fell on Thursday.

Can Kohl’s Stock Pick Up Some Momentum?

Kohl’s (KSS) stock price has risen 1.8% on a YTD (year-to-date) basis as of December 12.


Foreclosure Completions
The Housing Market Continues to Work off Foreclosure Inventory

Foreclosure completions rose by 19,000 units to 55,000 in September. Completions have fallen 18% YoY (year-over-year).

Toll Brothers’ Contracts and Revenue Rose in 4Q15

Toll Brothers (TOL) has a market cap of $6.1 billion. After the preliminary 4Q15 earnings report, it fell by 1.2% to close at $34.44 per share as of November 9, 2015.

TRI Pointe’s Stock Rose 5.6% on Positive 3Q15 Earnings Report

TRI Pointe Group has a market cap of $2.2 billion. After the 3Q15 earnings report, it rose by 5.6% to close at $13.3 per share as of November 6, 2015.

JOLT Job Openings
Homebuilder Earnings to Dominate the Week Ending November 13

Homebuilder earnings will be the highlight of this week with builders at two ends of the spectrum announcing their results.

Housing, Manufacturing Smacks Consumer Confidence in October

According to the National Association of Realtors, existing home sales grew 4.7% to 5.5 million in September. That’s above the consensus estimate of 5.4 million.

PulteGroup: Blames Market Forces for 3Q15's Downhill Performance

Markets gave a thumbs down to PulteGroup’s 3Q15 earnings. Stock price fell by 6% soon after the earnings release.

Housing starts
A Big Week of Housing Data Is Coming

This week brings some important housing data. On Monday, we’ll see the National Association of Homebuilders’s sentiment index.

Foreclosure Completions
A Review of August Foreclosure Numbers

Foreclosure completions rose by 4,000 units to 36,000 in August, according to CoreLogic. Completions have fallen 20% year-over-year.

Nonfarm Payrolls
September Jobs Report Shows Why the Fed Stood Firm

In September, non-farm payrolls increased by 142,000, missing the Wall Street estimate of 200,000. Private payrolls increased by 118,000, while government jobs rose by 24,000.

Housing starts
A Key Analysis of August 2015 Housing Starts, Sales, and Permits

Housing starts fell from a downward-revised ~1.16 million to ~1.13 million in August 2015. This was below Wall Street estimates of just over 1.16 million.

US Equity Market Update for September 24, 2015

Bed Bath & Beyond reported net revenue of $2,995.469 million in 2Q15—a rise of 9.38% compared to net revenue of $2,738.495 million in 1Q15.

Lennar Revenues
Breaking Down Lennar's Third Quarter Earnings

Lennar’s homebuilding revenue increased 22% to $2.2 billion from $1.8 billion in the third quarter of 2014.

Existing Home Sales
Homebuilder Earnings Loom Large the Week Ending September 25

This week, we’ll see some important real estate–related data, including homebuilder earnings from Lennar and KB Home. We’ll look at existing home sales, the FHFA House Price Index, and new home sales.

September 17 Indicators Shed Positive Light on the US and the UK

Housing starts were at 1,126,000 in August compared to 1,161,000 in July 2015. Although there was a 3% decline from the previous month, they grew 16.6% on a yearly basis.

Toll Brothers: Everything Investors Need to Know

Toll Brothers is primarily engaged in the development of attached and detached homes in luxury residential communities. It’s a dominant player in the luxury segment with very few comparable competitors.

Housing starts
Builders Are Optimistic about July Real Estate Indicators

Housing starts rose from an upward-revised 1,204,000 to 1,206,000 in July. This was well in excess of Wall Street estimates of just over 1.18 million.

Is This the Right Time to Buy Homebuilders?

A sustained rise or decline in the housing indicators discussed in this series could reveal a pattern or give direction about the industry’s movement.

Nonfarm Payrolls
Key Takeaways from the July Employment Situation Report

In July, non-farm payrolls increased by 215,000, missing the Wall Street estimate of 225,000. Private payrolls increased by 210,000, while government jobs rose by 5,000.

DHI Revenues
D.R. Horton Reports a Strong Third Quarter

D.R. Horton reported 3Q15 revenues of $2.9 billion, a 37% YoY increase and a sequential increase of about 23%. Revenues came in higher than Wall Street expectations of $2.8 billion.

Investing in PulteGroup: A Must-Know Company Overview

PulteGroup is one of the largest homebuilding companies in the US. The company’s major competitors include D.R. Horton, Lennar, Toll Brothers, and KB Homes.


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