Consumer Sector Update for 03/20/2017: LEN


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Top Consumer Shares:

WMT: +0.2%

MCD: +0.4%

DIS: +0.7%

CVS: flat

KO: +0.1%

GE: +0.1%

Consumer shares were mainly higher ahead of the opening bell Monday.

In consumer stocks news, Lennar ( LEN ) is expected to post a year-over-year decline in fiscal first-quarter adjusted earnings per share despite an anticipated increase in revenue when the homebuilder releases the quarterly results Tuesday morning.

Shares in the company were 2.5% lower at $51.49 pre-bell. The stock has traded between $39.68 and $53.79 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Business , Commodities


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