Lennar Sees Third Quarter Deliveries Below Estimates as Housing Market Stays Sluggish

Lennar anticipates Q3 2026 EPS of $1.20-$1.40 and adjusts annual deliveries to 82,000-83,000 amid macro uncertainty

What Homebuilder Lennar Said about the Tough Housing Market: Average Sales Price Down 24% from Peak, back to 2017

Cut the price, and they will buy. Dealing with the affordability crisis. Sales volume is up, but shares have plunged by nearly 50%.

Lennar sees third quarter deliveries below estimates as housing market stays sluggish

June 11 (Reuters) – Lennar forecast third-quarter home deliveries below Wall Street estimates on Thursday amid a persistently weak U.S. housing market, sending ​its shares down 3.2% after the bell. Single-family ‌homebuilders like Lennar have been grappling with slowing sales as weak consumer confidence, job uncertainty and high mortgage rates weigh on demand. The resulting push for targeted incentives such ‌as ​mortgage rate buydowns to revive …

Homebuilder Lennar Reports Mixed Q2: CEO Pegs 'Same Stubborn Headwinds' - Lennar (NYSE:LEN)

Lennar Corp. (NYSE:LEN) posted second-quarter results after Thursday’s closing bell, missing Wall Street’s revenue estimate. Here's a look at the details inside the report.  LEN stock is moving. Watch the price action here. Lennar Q2 Details       Lennar reported quarterly adjusted earnings of $1.31 per share, which beat the Street consensus estimate of $1.25, according to Benzinga Pro data.  Quarterly revenue came in at $7.94 billion, missing …

Lennar Reports Second Quarter 2026 Results

Second Quarter 2026 Highlights

Lennar Moves Higher Into Earnings, Drops After Guidance Miss

Lennar shares surged 5.7% Thursday but dropped 3.2% after hours as the homebuilder cut its full-year delivery target and forecasted fiscal Q3 deliveries below Wall Street estimates, citing persistent pressure from high mortgage rates and affordability challenges despite beating adjusted EPS expectations. The post Lennar Moves Higher Into Earnings, Drops After Guidance Miss appeared first on TechStock².