Seeking Alpha
17 Sept 2026, 13:45 UTC · 7w ago
Lennar: Everything Shouts 'Not Yet' (Earnings Review)
Impact · against what's priced in
The update is marginally negative for Lennar as guidance for FY26 deliveries (80k-81k) is slightly worse than what the current price assumes (82,500 units). Berkshire Hathaway's increased stake is a positive signal but largely offsets the minor guidance miss.
- LEN−0.20
Challenges what's priced in
- The price assumes
A roughly 3% decline in home deliveries to approximately 82,500 units
The price assumes deliveries will stabilize around 82,500 units, but the company has cut FY26 guidance further to 80k–81k units.
What LEN's price assumes · Sep 14
