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Lennar / Full history

Guidance history, every release

Lennar (LEN) · 8 releases, Dec 18, 2024 to Sep 16, 2026 · rows are metrics, columns are releases
Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing
MetricDec 18, 2024
FY24 Q4
Mar 20, 2025
FY25 Q1
Jun 16, 2025
FY25 Q2
Sep 18, 2025
FY25 Q3
Dec 16, 2025
FY25 Q4
Mar 12, 2026
FY26 Q1
Jun 11, 2026
FY26 Q2
Sep 16, 2026
FY26 Q3
For FY2026
Financial Services Operating Earnings———————New“$90 million - $95 million”
Financial Services Operating Earnings——————New“$95 million - $100 million”—
Financial Services Operating Earnings—————New“$100 million - $110 million”——
Financial Services Operating Earnings————New“$105 million - $110 million”———
Gross margin———————New“approximately 15.5% to 16.0%”
Gross margin——————New“approximately 16%”—
Gross margin—————New“15.5% to 16%”——
Gross Margin % on Home Sales———————New“15.5% - 16.0%”
Gross Margin % on Home Sales——————New“Approximately 16%”—
Gross Margin % on Home Sales—————New“15.5% - 16.0%”——
Gross Margin % on Home Sales————New“15.0% - 16.0%”———
Margin————New“between 15% to 16%”———
Average sales price———————New“approximately $370,000 to $380,000”
Average sales price——————New“approximately $375,000 to $380,000”—
Average Sales Price—————New“$370,000 - $375,000”——
Average Sales Price————New“between $365,000 and $375,000”———
Deliveries——————New“approximately 82,000 to 83,000 homes”Lowered“approximately 80,000 to 81,000 homes”
Deliveries———————New“approximately 22,000 to 23,000 homes”
Deliveries——————New“approximately 20,500 to 21,500 homes”—
Deliveries—————New“approximately 20,000 to 21,000 homes”——
Deliveries————New“between 17,000 and 18,000 homes”———
Deliveries————New“approximately 85,000 homes”———
Homes delivered———————New“approximately 22,000 to 23,000”
Homes delivered——————New“approximately 20,500 to 21,500”—
Homes delivered—————New“approximately 20,000 to 21,000”——
Homes delivered————New“between 17,000 and 18,000”———
New orders———————New“approximately 19,500 to 20,500 homes”
New Orders——————New“21,000 - 22,000”—
New Orders—————New“21,000 - 22,000”——
New Orders————New“18,000 - 19,000”———
S,G&A as a % of Home Sales————New“About 9.5%”———
SG&A———————New“toward 8.7% to 9.0%”
SG&A——————New“toward 8.8% to 9.0%”—
SG&A—————New“8.9% to 9.1%”——
SG&A————New“approximately 9.5%”———
SG&A as a % of Home Sales———————New“8.7% - 9.0%”
SG&A as a % of Home Sales——————New“8.8% - 9.0%”—
SG&A as a % of Home Sales—————New“8.9% - 9.1%”——
For FY2025
Financial Services Operating Earnings———New“$130 million - $135 million”————
Financial Services Operating Earnings——New“$175 million - $180 million”—————
Financial Services Operating Earnings—New“$135 million - $145 million”——————
Financial Services Operating EarningsNew“$100 million - $110 million”———————
Gross margin———New“approximately 17.5%”————
Gross Margin——New“approximately 18%”—————
Gross Margin—New“approximately 18%”——————
Gross MarginNew“between 19.0% and 19.25%”———————
Gross Margin % on Home Sales———New“Approximately 17.5% - consistent with third quarter”————
Gross Margin % on Home Sales——New“Approximately 18%”—————
Gross Margin % on Home Sales—New“Approximately 18%”——————
Gross Margin % on Home SalesNew“19.0% - 19.25%”———————
Average Sales Price———New“$380,000 - $390,000”————
Average Sales Price——New“$380,000 - $385,000”—————
Average Sales Price—New“$390,000 - $400,000”——————
Average Sales PriceNew“$410,000 - $415,000”———————
Deliveries———New“22,000 - 23,000”————
Deliveries——New“between 22,000 and 23,000 homes”—————
Deliveries—New“between 19,500 to 20,500 homes”——————
DeliveriesNew“between 17,000 and 17,500 homes”———————
DeliveriesNew“between 86,000 and 88,000 homes”———————
Homes deliveredNew“between 17,000 and 17,500”———————
Homes deliveredNew“between 86,000 and 88,000”———————
New orders———New“20,000 - 21,000”————
New orders——New“between 22,000 and 23,000 homes”—————
New Orders—New“22,500 - 23,500”——————
New OrdersNew“17,500 - 18,000”———————
S,G&A as a % of Home Sales—New“8.0% - 8.2%”——————
S,G&A as a % of Home SalesNew“8.7% - 8.8%”———————
SG&A as a % of Home Sales———New“7.8% - 8.0%”————
SG&A as a % of Home Sales——New“8.0% - 8.2%”—————
Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.