New Leaders, Programs, Upcoming Conference Calls, and Earnings Results - Analyst Notes on Weyerhaeuser, PulteGroup, DR Horton, Lennar and Toll Brothers
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NEW YORK, June 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Weyerhaeuser Co (NYSE: WY), PulteGroup, Inc. (NYSE: PHM), DR Horton Inc. (NYSE: DHI), Lennar Corp. (NYSE: LEN) and Toll Brothers Inc. (NYSE: TOL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3710-100free.
Weyerhaeuser Co Analyst Notes
On June 9, 2014, Weyerhaeuser Co. (Weyerhaeuser) announced the appointment of Fred Dzida with effect from June 16, 2014 as President of Weyerhaeuser Company Limited-the Company's wholly owned Canadian subsidiary. According to the Company, Dzida will retain his role as Vice President, Canadian Timberlands. The Company stated that, Anne Giardini, Q.C., who has served as Weyerhaeuser's Canadian President since 2008, and prior to that as its General Counsel, will be stepping down from Weyerhaeuser later this year. The Company also mentioned that Giardini will remain an Officer and Director of Weyerhaeuser Company Limited until that time. The full analyst notes on Weyerhaeuser are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/WY/report.pdf
PulteGroup, Inc. Analyst Notes
On June 6, 2014, PulteGroup, Inc. (PulteGroup) announced that as part of PulteGroup's Built to Honor program which provides mortgage-free homes to wounded veterans, Corporal John Hootsell and his wife Brandie will receive a new mortgage-free Centex home in Fort Worth. According to Bryan Swindell, the Company's Dallas/Fort Worth division President, the new home is expected to be completed in the fall of 2014 and will be the second home Centex has donated to a worthy veteran in Fort Worth. The Company stated that the Built to Honor program aims to build and donate over 20 homes to injured veterans across the nation in 2014. PulteGroup added that the new Centex home will be built in collaboration with Operation FINALLY HOME - an organization that helps veterans and their families transition to the home front. The full analyst notes on PulteGroup are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/PHM/report.pdf
DR Horton Inc. Analyst Notes
On June 10, 2014, DR Horton Inc.'s (DR Horton) stock declined 0.89%, ending the day at $24.39. Over the previous three trading sessions, shares of DR Horton rose 1.63% compared to the Dow Jones Industrial Average which climbed 0.65% during the same period. The full analyst notes on DR Horton are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/DHI/report.pdf
Lennar Corp. Analyst Notes
On June 10, 2014, Lennar Corp. (Lennar) announced that the Company will release its Q2 FY 2014 (period ended May 31, 2014) earnings before the market opens on June 26, 2014. The Company also stated that it will hold a conference call on the same day at 11:00 a.m. ET which will be broadcast live and can be accessed through Lennar's website. Additionally the call will also be archived for 90 days on the Company's website. The full analyst notes on Lennar are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/LEN/report.pdf
Toll Brothers Inc. Analyst Notes
On May 28, 2014, Toll Brothers Inc. (Toll Brothers) reported its financial results for Q2 FY 2014 (period ended April 30, 2014). Revenue increased 66.7% YoY to $860.4 million. Net income stood at $65.2 million or $0.35 per diluted share, compared to $24.7 million or $0.14 per diluted share in Q2 FY 2013. The Company stated that at the end of the quarter, backlog stood at $3.21 billion and 4,324 units, compared to $2.53 billion and 3,655 units at the end of Q2 FY 2013. Toll Brothers also reported that it ended the quarter with approximately 50,400 lots owned and optioned compared to 51,200 over the previous quarter and 45,200 lots in Q2 FY 2013. According to Douglas C. Yearley, Jr., Toll Brothers' CEO, in FY 2014 the Company expects to deliver between 5,100 and 5,850 homes. The full analyst notes on Toll Brothers are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/TOL/report.pdf
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