LEN earnings history

LEN FY2026 Q2 · Calendar Q2 2026

Lennar Corporation

Lennar's Q2 2026 results show sequential margin improvement and a milestone decline in sales incentives, but the company lowered its full-year delivery guidance as elevated mortgage rates and macro uncertainty persist. The asset-light land strategy and cost-reduction initiatives are gaining traction, yet the volume cut and a sharp post-earnings stock reaction indicate the market remains skeptical on near-term demand. EPS landed in line with consensus at $1.24, while revenue of $7.94 billion fell slightly below the $8.08 billion estimate.