Lennar's Q1 Earnings & Revenues Miss, New Home Orders Up Y/Y [Yahoo! Finance]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: Yahoo! Finance
Lennar Corporation LEN reported tepid results for the first quarter of fiscal 2026, wherein its adjusted earnings and total revenues missed the Zacks Consensus Estimate and declined year over year. The quarter's performance was adversely impacted by the softness in the housing market due to ongoing affordability challenges and a decline in consumer confidence. To counter the affordability issues, the company's initiative of lowering the average sales price (ASP) adversely impacted the revenue growth during the quarter. However, the company is consistently executing strategies to counter the market uncertainties by driving housing starts, sales and closings to ensure long-term business efficiencies. Also, its efforts to incentivize sales to enable affordability are expected to drive volumes further and foster consumer confidence. LEN stock inched up 0.3% during yesterday's after-hours trading session. LEN's Quarterly Numbers Lennar's adjusted earnings per share (EPS) of 88 c
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News
- Lennar Corporation Q1 2026 Earnings Call Summary [Yahoo! Finance]Yahoo! Finance
- Lennar Corp (LEN) Q1 2026 Earnings Call Highlights: Strong Cash Position and Operational ... [Yahoo! Finance]Yahoo! Finance
- Lennar Q1 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
- Lennar (LEN) Q1 2026 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Will Lennar Stock Extend Its Grim Post-Earnings Streak? [Yahoo! Finance]Yahoo! Finance
LEN
Earnings
- 3/12/26 - Miss
LEN
Sec Filings
- 3/12/26 - Form 8-K
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- LEN's page on the SEC website