Lennar Corp. (LEN) Misses Q3 EPS by 10c, Misses on Revenue; Offers Q4 Guidance

Lennar Corp. (NYSE: LEN) reported Q3 EPS of $2.00, $0.10 worse than the analyst estimate of $2.10. Revenue for the quarter came in at $8.8 billion versus the consensus estimate of $8.97 billion.

The following are the Company\'s expected results of its homebuilding and financial services activities for the fourth quarter of 2025:

New Orders

20,000 - 21,000

Deliveries

22,000 - 23,000

Average Sales Price

$380,000 - $390,000

Gross Margin % on Home Sales

Approximately 17.5% - consistent with third quarter

SG&A as a % of Home Sales

7.8% - 8.0%

Financial Services Operating Earnings

$130 million - $135 million

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

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