Lennar Corp. (LEN) Earnings Analysis

Lennar Corp. (LEN) reported results in line with expectations in Q2 FY2026 on revenue of $7.9B versus the $8.1B estimate (-5.2% YoY) and EPS of $1.24. The next Lennar Corp. (LEN) earnings date is Sep 17, 2026. Below is the full Lennar Corp. earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

Lennar Corp. (LEN) Earnings Analysis — key stats

Next earnings dateSep 17, 2026
Latest reported quarterQ2 FY2026
Earnings verdictIn line
EPS beat rate2 of last 8 (quarters above estimate)
Avg next-day move±4.1% (over the last 8 reports)
Post-earnings directionUp 1 / Down 7 (of the last 8 reports)
Implied move (next report)±12.2% (options-derived · into Sep 17, 2026)
Institutional ownership88.1% (13F as of 2026-06-30)
Top 10 holders44.0% (of shares outstanding)
Insider activity10 buys / 1 sells (recent Form 4 filings)
Revenue$7.9B (vs $8.1B est · -1.8% surprise · -5.2% YoY)
EPS$1.24 (vs $1.24 est · +0.0% surprise · -32.0% YoY)
Share price$86.83 (-0.8%)
Market cap$21.6B

Lennar Corp. (LEN) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$7.9B vs $8.1B est$1.24 vs $1.24 est+0.0%+0.5%In line
Q2 FY2026$6.6B vs $6.8B est$0.93 vs $0.95 est-2.4%-1.7%Miss
Q1 FY2026$9.4B vs $9.0B est$1.93 vs $2.21 est-12.7%-6.3%Mixed
Q4 FY2025$8.8B vs $9.0B est$2.00 vs $2.10 est-4.8%-4.2%Mixed
Q3 FY2025$8.4B vs $8.2B est$1.90 vs $1.94 est-2.1%-3.7%Mixed
Q2 FY2025$7.6B vs $7.4B est$2.14 vs $1.70 est+25.9%-4.2%Beat
Q1 FY2025$9.9B vs $10.1B est$4.03 vs $4.21 est-4.3%-8.6%Mixed
Q4 FY2024$9.4B vs $9.1B est$4.26 vs $3.63 est+17.4%-3.3%Beat

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.7.6%18.3M$1.7B+0.5%
Berkshire Hathaway INC5.4%13.1M$1.2B+29.8%
Vanguard Capital Management LLC5.4%13.0M$1.2B+0.6%
Greenhaven Associates INC4.7%11.3M$1.0B+6.4%
Eagle Capital Management LLC4.4%10.7M$967.1M-1.8%
State Street Corp4.3%10.4M$943.6M+3.9%
Undisclosed filer3.9%9.5M$863.9M+0.2%
Aristotle Capital Management, LLC3.2%7.8M$709.1M-6.1%
Manufacturers Life Insurance Company, The2.8%6.7M$604.8M+11.8%
Geode Capital Management, LLC2.4%5.8M$525.8M+1.4%

Recent insider transactions

InsiderRoleDateTypeSharesValue
SONNENFELD JEFFREYdirector2026-07-10Buy17$1433
McClure Teri Pdirector2026-07-10Buy14$1180
Wolfe Serenadirector2026-07-10Buy14$1180
Smith Daconadirector2026-07-10Buy14$1180
Gilliam Theron Idirector2026-07-10Buy14$1180
HUDSON SHERRILL Wdirector2026-07-10Buy14$1180
OLIVERA ARMANDO Jdirector2026-07-10Buy19$1601
Banse Amydirector2026-07-10Buy14$1180

What you'll find

Frequently asked questions

When is Lennar Corp.'s next earnings date?
Lennar Corp.'s (LEN) next scheduled earnings date is Sep 17, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did Lennar Corp. (LEN) beat or miss earnings?
In Q2 FY2026, Lennar Corp. (LEN) posted in-line results — revenue of $7.9B versus the $8.1B estimate (-1.8% surprise) and EPS of $1.24 versus $1.24 expected (+0.0% surprise). Magnisto decodes every Lennar Corp. (LEN) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does Lennar Corp. beat earnings estimates?
Over its last 8 reported quarters, Lennar Corp. (LEN) beat Wall Street EPS estimates 2 times, most recently a in-line result in Q3 FY2026. Magnisto tracks every Lennar Corp. (LEN) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does Lennar Corp. stock move after earnings?
Over its last 8 quarterly reports, Lennar Corp. (LEN) moved an average of ±4.1% the day after earnings — ranging from -8.6% (Q1 FY2025) to +0.5% (Q3 FY2026). The stock rose after 1 of those 8 reports and fell after 7. Heading into its next report on Sep 17, 2026, options-implied volatility is pricing in a move of roughly ±12.2% (derived). Magnisto tracks the realized post-earnings move for every Lennar Corp. (LEN) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of Lennar Corp.?
Institutions hold about 88.1% of Lennar Corp.'s (LEN) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (7.6%), Berkshire Hathaway INC (5.4%), Vanguard Capital Management LLC (5.4%). Magnisto lists Lennar Corp.'s (LEN) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling Lennar Corp. (LEN)?
In the most recent Form 4 filings Magnisto tracks, Lennar Corp. (LEN) insiders recorded 10 purchases and 1 sale — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for Lennar Corp. (LEN) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for Lennar Corp. (LEN), anchored to the current $86.83 share price, so you can weigh the bull, base and bear cases for Lennar Corp. side by side.
Is Lennar Corp. (LEN) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether Lennar Corp. fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.