Lennar Corporation (LEN)

Lennar trailed consensus on both the top and bottom line in the third fiscal quarter of 2026, based on preliminary results reported September 16, 2026, with adjusted EPS of $1.23 trailing the $1.28 estimate (-3.9%) and revenue of $8.046 billion trailing the $8.319 billion consensus (-3.3%). Revenue fell 8.7% to roughly $8.0 billion from $8.810 billion a year ago, reflecting results across its U.S. homebuilding footprint spanning the East, Central, Texas, and West. Profitability also moved lower year over year, as operating income came in at about $502 million alongside net income of roughly $283.9 million, down 52.0% from $591.0 million a year ago. On the earnings line, adjusted EPS declined 38.5% from $2.00 a year ago. For the next period, consensus calls for EPS of $1.98 on revenue of $9.436 billion.