As the week draws to a close, Asking for a Trend Host Josh Lipton previews the key events to watch for next week. On the economic front, retail sales figures will be released for May. Economists are estimating a reading of 0.3%. Homebuilders will be headlining earnings next week, with names such as Lennar (LEN) and KB Homes (KBH) set to release their quarterly reports. Boeing (BA) CEO Dave Calhoun will be testifying in front of the Senate on Tuesday, June 18. Finally, the Cannes Lions International Festival of Creativity will begin next week. Yahoo Finance will have coverage throughout the entire event. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Angel Smith
Lennar's (LEN) fiscal second-quarter performance is likely to have reflected higher deliveries amid flat gross margin and higher SG&A expenses.
Earnings preview of key companies reporting this week and what to look out for.