Lennar Q2 FY26 EPS drops 31.49% to $1.24; revenue falls 5.22% to $7.94 billion

Lennar

Lennar

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  • Lennar fiscal Q2 net earnings fell to USD 305 million, or USD 1.24 a share, from USD 477 million, or USD 1.81 a year earlier.
  • Revenue slipped 5.22% year over year to USD 7.94 billion, while home sales gross margin narrowed 2.2 percentage points to 15.6%.
  • New orders declined 4% to 21,749 homes; backlog rose to 16,818 homes valued at USD 6.6 billion.
  • Deliveries increased 2% to 20,519 homes; average sales price fell to USD 371,000 from USD 389,000.
  • Forecasts Q3 deliveries of 20,500-21,500 homes; cut full-year deliveries target to about 82,000-83,000 homes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lennar Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606111645PR_NEWS_USPR_____LA81164) on June 11, 2026, and is solely responsible for the information contained therein.

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