January 12, 2013 at 08:02 AM EST
Bar Set High For Lennar Amid Strong Housing Recovery
Homebuilder Lennar (LEN) is expected to report a huge profit increase when it releases fourth-quarter earnings before the market opens Tuesday. Like rival homemakers Toll Bros. (TOL), PulteGroup (PHM) and D.R. Horton (DHI), Lennar saw strong growth in 2012 as the housing recovery kicked into high gear. But it remains to be seen whether last year's momentum will continue in 2013. The consensus of 18 analysts polled by Thomson Reuters projects
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