Housing starts fall 5.8%, disappointing analyst estimates

Guess? Shares Fall After Reporting Earnings Weak Housing Market & Weak Home Depot Earnings – Theo Trade – However, the weather isn't an excuse for the poor 2019 guidance.. housing starts missed estimates sharply as they were 1.078 million on a. The estimate for real residential investment growth fell from -4.4% to -5.8%.

Exhibit One comes in the form of a disappointing haul for California tax collectors. and told that they had to step up or hundreds of homes ready to start construction would just fall apart,” he.

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. Options Action · ETF Street · Buffett Archive · Earnings · Trader Talk. Construction activity in the South fell by the most in nearly three. Housing starts fell 5.3 percent to 1.201 million units last month, the. 4.8% estimate.

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The Zacks Analyst Blog Highlights: ManpowerGroup, PVR Partners, Atlas Energy, Crestwood Midstream Partners and MPLX. Housing Starts Miss Estimates, Fall 8.5% In January;. Disappointing 4Q.

Tuesday, the Department of Housing and Urban Development reported that housing starts fell 5.8% in August to a seasonally adjusted annual rate of 1.142 million units, down from July’s rate of 1.212 million units. Heading into the report, consensus estimates were calling for housing starts to fall only slightly to 1.19 million.

Estimates of housing starts include units in structures being totally rebuilt on an existing foundation. . This page provides the latest reported value for – United States Housing Starts – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Economic Indicators Division, Residential Construction Branch. With this release, seasonally adjusted estimates of housing units authorized but not started. 2.6. 39.4. 9.1. 3.7. 8.3. 5.8. 49.3. 29.9. 28.6. 13.9. 2019. January .

VeriFone Systems Inc. lost 43 percent after the maker of credit-card terminals forecast second-quarter profit that missed analysts’ estimates because of weak. the lowest reading since June, from.

Factory output and housing starts fall in March. Some analysts speculated that a mild winter in the United States led homebuilders to start new projects ahead of schedule, and that March’s.

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"As a result, we see housing starts clocking in at a pace of 196,000 in April, and possibly decelerating again in the months to come," he added. "The recent fall in five-year interest. with.

Housing starts fall 5.8%, disappointing analyst estimates.. "Housing starts dipped 5.8% in March after decreasing 2.8% in February. The March pace of 0.654 million units came in lower than.