Key Takeaways LEN shares gained 23.2% in 3 months, outperforming construction peers but trailing the homebuilders group.ASP fell to $398K, backlog dropped 13.1%, and gross margins contracted 400 bps to 18.2% in FY25 H1.LEN's asset-light land strategy and tech-driven model aim to drive long-term growth despite near-term risks.Lennar Corporation (LEN) has gained 23.2% in the past three months, underperforming the Zacks Building Products - Home Builders industry, but notably outperforming the broader Zacks Con ...