Q3
LEN — Q3 2026 Financial Report Analysis
Lennar fiscal Q3 2026: EPS fell 48% to $1.19 on revenue down 8.7% to $8.0B as a lower average sales price ($372K) and higher land costs cut home-sales gross margin to 15.8%, new orders fell 9%, and the full-year delivery target was cut to 80,000-81,000 homes.