Filing Flows › Lennar (LEN) › Guidance history
Lennar (LEN) guidance history: what it guided and what it reported
Lennar gave guidance in 9 earnings releases on file since Dec 14, 2023. Its releases raised guidance twice and lowered it 0 times.
Gross margin
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 FY26 | 15.5%–16.0% (Sep 16, 2026) | — | to be reported | — |
| Q3 FY26 | 16.0% (Jun 11, 2026) | — | — | — |
| Q2 FY26 | 15.5%–16.0% (Mar 12, 2026) | — | — | — |
| Q2 FY25 | 18.7% (Mar 20, 2025) | — | — | — |
| Q1 FY25 | 19.0%–19.2% (Dec 18, 2024) | — | — | — |
| Q3 FY24 | 23.0% (Jun 17, 2024) | — | — | — |
| Q2 FY24 | 22.5% (Mar 13, 2024) | — | — | — |
| Q1 FY24 | 21.0%–21.2% (Dec 14, 2023) | — | — | — |
Adjusted gross margin
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 FY25 | 18.0% (Jun 17, 2025) | — | — | — |
The latest quarter
Lennar, Q3 FY26: revenue $8.0B (-9% year over year), operating margin 5.7%, net earnings $284M, operating cash flow −$104M. The chart follows the revenue to costs, profit and cash.
Questions
Does Lennar beat its guidance?
Lennar gave guidance in 9 earnings releases on file since Dec 14, 2023. Its releases raised guidance twice and lowered it 0 times.
How often does Lennar raise guidance?
Its earnings releases raised guidance twice and lowered it 0 times since Dec 14, 2023.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.