Lennar and lululemon face market challenges and trading volatility

Lennar Corporation is expected to report third-quarter 2026 earnings that reflect challenges in the US housing market. Analysts forecast earnings of $1.30 per share, a decrease from the $2.00 per share reported in the previous year. Revenue is projected to decline by approximately 5% year-over-year to $8.37 billion. Despite headwinds such as elevated mortgage rates and affordability pressures, the company aims to leverage its asset-light operating model and inventory position to manage construction costs.

Separately, lululemon athletica inc. has seen a significant surge in options trading, with put option volume increasing by approximately 113% compared to typical daily levels. While the company recently reported quarterly earnings of $2.92 per share, exceeding analyst estimates, its stock has faced recent volatility. CEO Heidi O’Neill is currently overseeing a strategic reset to address brand and regional execution issues. Citigroup has maintained a neutral rating on the stock while reducing its price target to $117.