Lennar Company (NYSE: LEN) reported its second quarter 2025 earnings outcomes.
Whole revenues had been $8.4 billion in comparison with $8.8 million in the identical interval final 12 months.
Internet earnings attributable to Lennar had been $477 million, or $1.81 per share, in comparison with $954 million, or $3.45 per share, final 12 months. Adjusted EPS was $1.90.
New orders elevated 6% to 22,601 houses whereas deliveries elevated 2% to twenty,131 houses in Q2. The corporate ended the quarter with a backlog of 15,538 houses with a greenback worth of $6.5 billion.
The common gross sales worth of houses delivered was $389,000 in Q2, in comparison with $426,000 within the prior-year quarter.
For the third quarter of 2025, Lennar expects each new orders and deliveries to vary between 22,000-23,000. Common gross sales worth is anticipated to vary between $380,000-385,000.
