Lennar Corporation reported disappointing Q3 earnings with revenue dropping to $8 billion and gross margin at 15.8%, pressured by high mortgage rates and weak market sentiment. Despite Berkshire Hathaway increasing its stake, Lennar's shares hit 52-week lows. The company has improved its return on equity to 21% through an asset-light strategy but cut its FY26 home delivery guidance to 80,000–81,000 units due to ongoing demand softness. Investors remain cautious, awaiting signs of macroeconomic recovery before considering new positions.
Lennar's shares are trading near their 52-week low on Pluang, priced at USD 78.43 with a slight 1-day gain of 0.09%. The stock sees balanced investor interest, with 53% of orders to buy and 47% to sell. This data is current as of Sep 17, 2026 21:02 WIB.
Lennar Corporation is set to report its Q3 earnings on September 16, 2026, with analysts expecting a decline in both earnings per share and revenue compared to last year. The forecasted EPS is $1.29 on revenue of about $8.32 billion, down from $2.00 ...
The Federal Reserve is expected to raise interest rates by 25 basis points this week due to persistent inflation and strong payroll data, with markets pricing in an 87% chance of a hike. Despite pressure from rising 10-year Treasury yields near 5%, s...
