Earnings Alerts

LEN Earnings: Lennar Corp A Surpasses 4Q Revenue Estimates Despite Market Challenges

By December 17, 2025 No Comments
  • Lennar’s fourth-quarter revenue reached $9.37 billion, surpassing estimates of $9.1 billion despite a 5.8% decline year-over-year.
  • Earnings per share stood at $1.93, a drop from $4.06 in the previous year.
  • The company reported a 20% year-over-year increase in backlog to 13,936, though slightly below the estimate of 14,944.
  • Lennar aims to deliver between 17,000 and 18,000 homes in the first quarter of the following year.
  • Market conditions remained challenging, even with a slight decrease in interest rates during the fourth quarter, as noted by Executive Chairman and Co-CEO Stuart Miller.
  • The average sales price of homes was $386,000, with a gross margin of 17% and selling, general, and administrative expenses at 7.9%, resulting in a net margin of 9.1%.
  • The company’s inventory turn improved to 2.2 times, enhancing operational efficiency and reducing cash requirements for production.
  • Lennar managed to continue building and selling homes despite a six-week government shutdown, demonstrating adaptability to changing market conditions.
  • Analyst ratings consist of 6 buys, 12 holds, and 4 sells for Lennar.

Lennar Corp A on Smartkarma

Analyst coverage on Lennar Corp A on Smartkarma is indicating a bullish sentiment from various independent analysts. Richard Howe published a report titled “Buy 99 Shares of Lennar (LEN) – Special Situation Odd Lot,” highlighting an exchange offer where investors can swap their LEN shares for Millrose Properties shares at a favorable rate. Special Situation Investments also provided insights, emphasizing Lennar’s plan to divest its stake in Millrose Properties and potential opportunities in merger arbitrage. Furthermore, Value Investors Club discussed the challenges and prospects in the homebuilding sector, suggesting a possible favorable outlook driven by housing shortages and millennial demand.

Special Situation Investments‘ report “Lennar’s MRP Split-Off: Key Considerations, Risks, and Strategies for Odd-Lot and Hedged Positions” further elaborated on the exchange offer, particularly focusing on odd-lot positions and hedged strategies. Additionally, Baptista Research highlighted Lennar Corporation’s asset-light strategy and land management initiatives aimed at sustaining growth momentum in a challenging market environment. These comprehensive analyses from top independent analysts provide valuable insights for investors considering Lennar Corp A as a potential investment opportunity.


A look at Lennar Corp A Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

The long-term outlook for Lennar Corp A appears promising based on its Smartkarma Smart Scores. With strong scores in value and decent scores in dividend, growth, resilience, and momentum, the company seems to be well positioned for future success. Lennar Corp A‘s emphasis on constructing and selling single-family homes combined with its diverse range of financial services indicates a solid foundation for continued growth.

Lennar Corporation, known for constructing and selling various types of residential properties as well as offering financial services like mortgage financing and title insurance, seems to have a positive outlook. With a favorable blend of scores in key areas, including value, dividend, growth, resilience, and momentum, the company’s strategic position in the housing market bodes well for its long-term performance and potential for sustained success in the industry.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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