Lennar Corp. ( LEN ) released its second-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter. 

The Details: Lennar reported quarterly earnings of $1.90 per share, which missed the Street estimate of $1.94. Quarterly revenue of $8.38 billion beat the analyst consensus estimate of $8.16 billion.

Read Next: These Are The 3 Hottest Stock Market Themes Trending Now

For the second quarter, Lennar ( LEN ) reported:

New orders increased 6% to 22,601 homes.

Backlog of 15,538 homes with a dollar value of $6.5 billion.

Deliveries increased 2% to 20,131 homes.

Homebuilding operating earnings of $728 million

Gross margin on home sales of 17.8%.

SG&A expenses as a percentage of revenues from home sales of 8.8%.

Net margin on home sales of 8.9%.

Financial Services operating earnings of $157 million.

“While we continue to see softness in the housing market due to affordability challenges and a decline in consumer confidence, we adhered to our strategy of driving starts, sales, and closings in order to build long-term efficiencies in our business,” Stuart Miller, Co-CEO of Lennar ( LEN ), said.

LEN Price Action: According to data from Benzinga Pro, Lennar ( LEN ) stock was up 2.58% at $112.32 in Monday's extended trading. 

Read Next: 

‘Whatever You Think Of Elon Musk, You Must Support His Fight Against The Big Beautiful Bill,’ Says ‘Black Swan’ Author Nassim Taleb