Lennar (LEN) Reports Q3 Earnings: What Key Metrics Have to Say

Lennar reported $8.05 billion in revenue for Q3 2026, down 8.7% year-over-year and missing consensus estimates by 3.44%. EPS of $1.23 fell short of the $1.29 estimate. Key operational metrics also disappointed, including lower home deliveries (20,840 vs. 21,439 estimated), fewer new orders (20,879 vs. 21,300), and reduced active communities. The stock carries a Zacks Rank #5 (Strong Sell) rating.