06:04 PM EDT, 09/18/2025 (MT Newswires) -- Lennar ( LEN ) reported fiscal Q3 adjusted earnings late Thursday of $2.00 per diluted share, down from $3.90 a year earlier.

Analysts polled by FactSet expected $2.11.

Revenue in the three months ended Aug. 31 fell to $8.81 billion from $9.42 billion a year earlier.

Analysts surveyed by FactSet expected $8.97 billion.

The company expects Q4 new orders of 20,000 to 21,000.

Analysts expect 22,557.

Shares of Lennar ( LEN ) were down more than 2.9% in after-hours activity.