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Companies / Homebuilders & building products / LEN

Lennar

LEN · Homebuilders & building products sector group
Guidance from Lennar’s last 8 earnings releases. Every value links to its sentence in the filing. See something wrong? Tell us.
Current guidance
11 items
Releases tracked
8
Latest release
Sep 16, 2026
Data checked
Sep 16, 2026
On this page:Latest changes·Current guidance·Your sector group·History

What changed in the Sep 16, 2026 release

Each item compared with the same item in the previous release (Jun 11, 2026). Values in quotation marks are the company’s words.

New — first stated in this releaseRaised / Lowered / Narrowed / Widened — changed from the prior releaseRevised — wording changed, direction not determinableChanged — value changed; the comparison couldn’t be parsed to a directionReiterated — restated unchangedNot restated — stated before, absent nowRaised and lowered describe the number, not whether the change is favorable.
ChangeMetricPeriodPreviousNowSource
NewFinancial Services Operating Earningsfor Q4 FY2026—“$90 million - $95 million”Filing ↗
NewGross marginfor Q4 FY2026—“approximately 15.5% to 16.0%”Filing ↗
NewGross Margin % on Home Salesfor Q4 FY2026—“15.5% - 16.0%”Filing ↗
NewAverage sales pricefor Q4 FY2026—“approximately $370,000 to $380,000”Filing ↗
LoweredDeliveriesfor FY2026“approximately 82,000 to 83,000 homes”“approximately 80,000 to 81,000 homes”Filing ↗
NewDeliveriesfor Q4 FY2026—“approximately 22,000 to 23,000 homes”Filing ↗
NewHomes deliveredfor Q4 FY2026—“approximately 22,000 to 23,000”Filing ↗
NewNew ordersfor Q4 FY2026—“approximately 19,500 to 20,500 homes”Filing ↗
NewSG&Afor Q4 FY2026—“toward 8.7% to 9.0%”Filing ↗
NewSG&A as a % of Home Salesfor Q4 FY2026—“8.7% - 9.0%”Filing ↗
Show 1 item not restated in this release
ChangeMetricPeriodPreviousNowSource
Not restatedDeliveriesfor FY2026“approximately 85,000 homes”—Filing ↗

Current guidance

Guidance for periods that have not yet ended, at its most recent value, grouped by horizon.

Current fiscal year
MetricCurrent valuePeriodMeasureFirst statedTimes statedSource
Financial Services Operating Earnings“$90 million - $95 million”for Q4 FY2026Company-definedSep 16, 20261Filing ↗
Gross margin“approximately 15.5% to 16.0%”for Q4 FY2026GAAP-tiedSep 16, 20261Filing ↗
Gross Margin % on Home Sales“15.5% - 16.0%”for Q4 FY2026GAAP-tiedSep 16, 20261Filing ↗
Average sales price“approximately $370,000 to $380,000”for Q4 FY2026Company-definedSep 16, 20261Filing ↗
Deliveries“approximately 80,000 to 81,000 homes”for FY2026Company-definedJun 11, 20262Filing ↗
Deliveries“approximately 22,000 to 23,000 homes”for Q4 FY2026Company-definedSep 16, 20261Filing ↗
Deliveries“approximately 85,000 homes”for FY2026Company-definedDec 16, 20251Filing ↗
Homes delivered“approximately 22,000 to 23,000”for Q4 FY2026Company-definedSep 16, 20261Filing ↗
New orders“approximately 19,500 to 20,500 homes”for Q4 FY2026Company-definedSep 16, 20261Filing ↗
SG&A“toward 8.7% to 9.0%”for Q4 FY2026Company-definedSep 16, 20261Filing ↗
SG&A as a % of Home Sales“8.7% - 9.0%”for Q4 FY2026Company-definedSep 16, 20261Filing ↗

How one item moved

Deliveries, for FY2026 — every statement across the year, each linked to its filing.

Jun 11, 2026
New
“approximately 82,000 to 83,000 homes”
Filing ↗
Sep 16, 2026
Lowered
“approximately 80,000 to 81,000 homes”
Filing ↗

How your Homebuilders & building products sector group guides

12 companies in Homebuilders & building products. What they guide on, and who reported this season.

Most-guided metric families
Revenue
12
Buybacks
9
Tax rate
8
Gross margin
5
GAAP EPS
3
Dividends
3
Free cash flow
2
Capex
2
This season’s releases
KB HomeSep 22, 20268 changes
LennarSep 16, 202610 changes
Toll BrothersAug 18, 202613 changes
Fortune Brands InnovationsAug 4, 20269 changes
LGI HomesAug 4, 20266 changes
Builders FirstSourceJul 30, 202611 changes
MascoJul 29, 20267 changes
Meritage HomesJul 29, 20262 changes
Get this for your own peer set — Peer Guidance Briefing, $3,000.

Full history

Every metric, every release, eight quarters — the complete record as one table.

MetricFY2026FY2025
Financial Services Operating Earnings4 statements4 statements
Gross margin3 statements4 statements
Gross Margin % on Home Sales4 statements4 statements
Margin1 statement—
Average sales price4 statements4 statements
The full record for Lennar and its Homebuilders & building products peers, delivered as a Peer Guidance Briefing — PDF and Excel, every value linked to its filing.

Filings

The 8 earnings releases this page is built from.

FiledFiscal periodAccessionGuidance items
Sep 16, 2026FY2026 Q30001628280-26-06228710Open filing ↗
Jun 11, 2026FY2026 Q20001628280-26-04255110Open filing ↗
Mar 12, 2026FY2026 Q10001628280-26-0173089Open filing ↗
Dec 16, 2025FY2025 Q40001628280-25-05740810Open filing ↗
Sep 18, 2025FY2025 Q30000920760-25-0000037Open filing ↗
Jun 16, 2025FY2025 Q20001628280-25-0316657Open filing ↗
Mar 20, 2025FY2025 Q10001628280-25-0141487Open filing ↗
Dec 18, 2024FY2024 Q40001628280-24-05188510Open filing ↗
Values in quotation marks are the company’s words; the classification and filing links are HighGravityData’s. HighGravityData does not score or rank companies or give investment advice.
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