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MarketBeat
MarketBeat
Jessica Mitacek

Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing

Lennar United States PulteGroup DR Horton

Wall Street analysts had already set a relatively low bar for Lennar's (NYSE: LEN) fiscal Q3 2026 earnings, reflecting expectations of continued pressure on the homebuilder amid a challenging housing market.

The stock carried a consensus Reduce rating, while analysts expected earnings per share (EPS) of $1.29—about 35% below the year-ago quarter—and revenue of $8.32 billion. But Lennar still fell short, reporting adjusted EPS of $1.23 on revenue of $8.05 billion.

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