Lennar (LEN) Q3 Earnings and Revenues Lag Estimates

Group 1 - Lennar reported quarterly earnings of $2 per share, missing the Zacks Consensus Estimate of $2.12 per share, and down from $3.9 per share a year ago, representing an earnings surprise of -5.66% [1] - The company posted revenues of $8.81 billion for the quarter ended August 2025, missing the Zacks Consensus Estimate by 2.49%, and down from $9.42 billion year-over-year [2] - Over the last four quarters, Lennar has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Group 2 - The stock has lost about 2.5% since the beginning of the year, while the S&P 500 has gained 12.2% [3] - The current consensus EPS estimate for the coming quarter is $2.80 on revenues of $10.25 billion, and for the current fiscal year, it is $9.04 on revenues of $35.2 billion [7] - The Zacks Industry Rank for Building Products - Home Builders is currently in the bottom 7% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8] Group 3 - The estimate revisions trend for Lennar was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it is expected to perform in line with the market in the near future [6] - KB Home, another company in the same industry, is expected to report quarterly earnings of $1.50 per share, reflecting a year-over-year change of -26.5% [9]