Lennar Corp's Q2 profit falls, misses estimates, with revenue and earnings showing significant decrease

From Nasdaq.: 2025-06-16 17:55:00

Lennar Corp. (LEN.B) reported a profit of $477.45 million, or $1.81 per share, for the second quarter, down from $954.31 million, or $3.45 per share, a year ago. Adjusted earnings were $499 million or $1.90 per share, missing analyst expectations of $1.94 per share. Revenue fell 4.4% to $8.377 billion from $8.765 billion last year. The company’s GAAP earnings show a significant decrease compared to the previous year.



Read more at Nasdaq.: Lennar Corp. Q2 Profit Decreases, Misses Estimates