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Jun 11, 2026 8:00 PM

Homebuilder Lennar Reports Mixed Q2: CEO Pegs 'Same Stubborn Headwinds'

Lennar Corp. (NYSE:LEN) posted second-quarter results after Thursday’s closing bell, missing Wall Street’s revenue estimate. Here's a look at the details inside the report. 

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Lennar Q2 Details      

Lennar reported quarterly adjusted earnings of $1.31 per share, which beat the Street consensus estimate of $1.25, according to Benzinga Pro data. 

Quarterly revenue came in at $7.94 billion, missing the analyst estimate of $8.02 billion.

Lennar reported the following second-quarter highlights:

New orders decreased 4% year over year to 21,749 homes

Backlog of 16,818 homes with a dollar value of $6.6 billion

Deliveries increased ...