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Everus Construction Group (NYSE:ECG) raises FY2026 sales outlook from $4.300 billion-$4.400 billion to $4.500 billion-$4.700 billion vs $4.375 billion estimate.
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Lennar Corporation reported disappointing Q3 fiscal 2026 results with adjusted EPS falling 38.5% to $1.23 and revenues declining 8.6% to $8.05B. Home deliveries fell 3.4% and average selling prices declined 2.9%, with incentives reaching 12%. The company cut its full-year fiscal 2026 delivery target to 80,000-81,000 homes from 82,000-83,000 due to continued interest-rate pressure and weaker market conditions.
Filed: 2026-09-08 AccNo: 0002015845-26-000056 Size: 169 KB Item 1.01: Entry into a Material Definitive Agreement Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
DA Davidson analyst Kurt Yinger initiates coverage on Everus Construction Group (NYSE:ECG) with a Buy rating and announces Price Target of $168.
Cantor Fitzgerald analyst Manish A. Somaiya maintains Everus Construction Group (NYSE:ECG) with a Neutral and lowers the price target from $174 to $152.