LEN · News · 20260917N

Segment Profitability

LENNAR CORP /NEW/ · 2026-09-17 · Importance 32 · Surprise 24

Lennar reported third-quarter Homebuilding operating earnings of $502 million and Financial Services operating earnings of $129 million. Multifamily recorded an operating loss of $3 million, while Lennar Other reported an operating loss of $84 million. Financial Services earnings exceeded guidance, helped by a one-time net gain in the title business.

Key facts

• Lennar’s adjusted Q3 2026 EPS was $1.23, down 38.5% from $2.00 a year earlier and 4.7% below the Zacks consensus estimate of $1.29. source
• Lennar’s Financial Services earnings were $129 million, above guidance, helped by a one-time net gain in the title business. source
• Lennar’s Q3 2026 return on inventory was 13.2%. source