Lennar Stock Down 11% Since Q3 Earnings: How to Play the Stock Now?

Key Takeaways Lennar shares dropped 11.3% post-Q3 earnings, with EPS and revenues down 48.7% and 6.4% year over year.LEN's ASP fell 6.7% to $393K, with Q4 guidance at $380K-$390K, as pricing cuts pressure profitability.Gross margin shrank 430 bps to 18%, and FY25 EPS estimates slid to $8.58 amid ongoing housing softness.Lennar Corporation (LEN) has trended downward 11.3% since announcing its third-quarter fiscal 2025 earnings. It has outperformed the Zacks Building Products - Home Builders industry, but is ...