Lennar falls after fourth-quarter profit misses estimates

Lennar

16/12/2025 22:45

** Shares of homebuilder Lennar LEN.N fall about 4% to $112.01 after the bell

** Co misses Q4 profit estimates as affordability pressures continue to weigh on homebuying demand

** Reports Q4 profit of $1.93 per share, below analysts' estimates of $2.22 per share, according to data compiled by LSEG

** Logs Q4 revenue of $9.37 billion vs $9.95 billion a year earlier

** Expects Q1 2026 deliveries of 17,000 to 18,000 homes and home sales gross margin of 15% to 16%

** As of last close, stock was down ~20% YTD

(Reporting by Sanskriti Shekhar in Bengaluru)

((Sanskriti.Shekhar@thomsonreuters.com))