Lennar Corp. (LEN) Misses Q3 EPS by 10c

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Get Alerts LEN Hot Sheet

Price: $83.06 --0%

Revenue Growth %: -5.0%

Financial Fact:
Equity in earnings (loss) from unconsolidated entities: 3M

Today's EPS Names:
OCCI, ALZN, ASPU, More

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Lennar Corp. (NYSE: LEN) reported Q3 EPS of $1.19, $0.10 worse than the analyst estimate of $1.29. Revenue for the quarter came in at $8.05 billion versus the consensus estimate of $8.31 billion.

Guidance

The following are the Company's expected results of its homebuilding and financial services activities for the fourth quarter of 2026:

New Orders	19,500 - 20,500
Deliveries	22,000 - 23,000
Average Sales Price	$370,000 - $380,000
Gross Margin % on Home Sales	15.5% - 16.0%
SG&A as a % of Home Sales	8.7% - 9.0%
Financial Services Operating Earnings	$90 million - $95 million

For earnings history and earnings-related data on Lennar Corp. (LEN) click here.

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