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Lennar Corporation (LEN)
NYSE:LEN
US Market

Lennar (LEN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 18, 2026
Before Open (Confirmed)
Period Ending
2026 (Q1)
Consensus EPS Forecast
1.12
Last Year’s EPS
1.96
Same Quarter Last Year
Moderate Sell
Based on 12 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Dec 16, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant operational efficiencies and strategic growth in community count. However, these positives are tempered by declining margins, ongoing market uncertainties, and affordability challenges.
Company Guidance
During Lennar's fourth quarter 2025 earnings call, the company provided guidance for the first quarter of 2026, highlighting key metrics and expectations. They anticipate selling between 18,000 and 19,000 homes and delivering between 17,000 and 18,000 homes, with an average sales price ranging from $365,000 to $375,000. Gross margins are expected to range between 15% and 16%, a decrease from the fourth quarter due to seasonal factors. The company plans to maintain an SG&A percentage of around 9.5% and anticipates financial services earnings of $105 million to $110 million. Despite the challenging market conditions, Lennar is focused on maintaining volume, improving operational efficiencies, and preparing for future growth, with a goal of delivering approximately 85,000 homes in 2026.
Strong Delivery and Community Growth
Delivered 23,034 homes and grew community count to 1,708, an 18% increase over last year.
Asset-Light Strategy Success
Successfully reduced overall inventory from just under $20 billion to just under $12 billion, with less than 5% of land on the balance sheet.
Operational Efficiency Improvements
Reduced cycle time from 138 days to 127 days and improved inventory turn to 2.2x from 1.6x last year.
Financial Strength and Shareholder Returns
Ended the quarter with $3.4 billion of cash, total liquidity of $6.5 billion, and returned $3.2 billion to shareholders in fiscal 2025.

Lennar (LEN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

LEN Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 18, 2026
2026 (Q1)
1.12 / -
1.96
Dec 16, 2025
2025 (Q4)
2.21 / 1.93
3.901-50.53% (-1.97)
Sep 18, 2025
2025 (Q3)
2.10 / 2.29
4.094-44.06% (-1.80)
Jun 17, 2025
2025 (Q2)
1.94 / 1.81
3.315-45.40% (-1.50)
Mar 20, 2025
2025 (Q1)
1.70 / 1.96
2.47-20.65% (-0.51)
Dec 18, 2024
2024 (Q4)
3.98 / 3.90
4.632-15.78% (-0.73)
Sep 19, 2024
2024 (Q3)
3.49 / 4.09
3.71910.08% (+0.38)
Jun 17, 2024
2024 (Q2)
3.11 / 3.31
2.89214.63% (+0.42)
Mar 13, 2024
2024 (Q1)
2.12 / 2.47
1.9824.75% (+0.49)
Dec 14, 2023
2023 (Q4)
4.41 / 4.63
4.3725.95% (+0.26)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

LEN Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Dec 16, 2025
$117.57$112.23-4.54%
Sep 18, 2025
$132.31$126.78-4.18%
Jun 17, 2025
$103.71$102.52-1.15%
Mar 20, 2025
$118.49$113.70-4.04%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lennar Corporation (LEN) report earnings?
Lennar Corporation (LEN) is schdueled to report earning on Mar 18, 2026, Before Open (Confirmed).
    What is Lennar Corporation (LEN) earnings time?
    Lennar Corporation (LEN) earnings time is at Mar 18, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is LEN EPS forecast?
          LEN EPS forecast for the fiscal quarter 2026 (Q1) is 1.12.

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