Lennar Q4 Earnings Miss Estimates, Revenues Beat, Stock Down

Key Takeaways LEN reported Q4 FY25 EPS of $2.03, missing estimates, while revenues beat but declined 5.8% year over year.Lennar's home sales margin fell to 17%, down 510 bps, as ASP dropped 10.2% amid incentives.LEN guided Q1 FY26 deliveries of 17,000-18,000 homes with gross margin seen at 15%-16%.Lennar Corporation (LEN) reported mixed results for the fourth quarter of fiscal 2025, wherein its adjusted earnings missed the Zacks Consensus Estimate, while total revenues beat the same. Meanwhile, both metrics ...