Check out which companies are making headlines before the bell on Tuesday:
Lennar — The home builder earned 61 cents per share for its latest quarter, excluding certain items, beating estimates of 33 cents. Revenue also beat consensus as new orders jumped 27 percent and home prices rose.
Walgreen — The drug store operator earned 85 cents per share, excluding certain items, six cents below estimates, with revenue falling short of consensus as well. CEO Greg Wasson pointed to front-end sales that are still not up to the company's expectations, although pharmacy sales are strengthening.
Netflix — Bernstein has downgraded Netflix to "underperform" from "market perform", saying current valuation reflects "unrealistic expectations".
Coach —The stock has been cut to "neutral" from "buy" at Lazard, which thinks the retailer's near term sales will be under pressure because of growing competition.
Yahoo — The company holds its annual shareholder meeting today, its first since Marissa Mayer took over as CEO last year.