It's Tuesday, September 15th.

Welcome to Market Foolery.

I'm Chris Hill joining me today.

Mr. Jason, Moser.

Good to see you, my friend.

Howdy, how's everything going?

It's going, all right.

We have got some retail news, entertainment

news, but we're going to start today with home building. Lenar Corp's third

quarter profits came in solidly higher than Wall Street was expecting.

I know shares are down a little bit, but I don't know, Jason.

I mean, Lenar's gross margins are improving and the low interest rate environment certainly helps.

Yeah, it's absolutely helping and I mean we've certainly seen signs that the housing market is not not only stable but really flourishing which is just kind of

interesting to try to square in this in this time but you know I mean hey that's

that's housing right it's it's one of those things that everybody needs

uh... these results i was really impressed earnings are up thirty three percent on

relatively flat revenue

i mean anytime you have a company that can do that i mean you to at least take note and try to figure out

what they're doing to see if they can't you know can't keep on doing it. If you look at

the numbers they had deliveries of 13,842 homes, that was up just 2%.

They had new orders of a little bit better than 15,500 homes.

That was up 16%.

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