{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-21-018889","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2021-09-20T23:59:59+00:00","discovered_at":"2026-05-14T18:04:21.280049+00:00","generated_at":"2026-06-29T02:49:26.172515+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lennar Q3 EPS $4.52 ($3.27 adj); deliveries miss low end of guidance by ~600 homes","bullets":["Q3 net earnings $1.4B ($4.52/dil) vs $666M ($2.12) prior year; adjusted EPS $3.27 excluding $500M mark-to-market gains.","Home deliveries 15,199 (+10% YoY) but ~600 below guidance; homebuilding gross margin 27.3% (record), SG&A 7.0% (record low).","New orders 16,277 (+5%); backlog 25,819 homes (+31%) with $12B value (+52%).","Homebuilding cash $2.6B; debt to capital 21.2% (record low); retired $300M notes; repurchased 2.5M shares for $246M.","Q4 guidance: ~18,000 deliveries, gross margin ~28%, avg price ~$445k; S&P upgraded to investment grade."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-21-018889","json":"https://secwatch.observer/filing/0001628280-21-018889.json","markdown":"https://secwatch.observer/filing/0001628280-21-018889.md","text":"https://secwatch.observer/filing/0001628280-21-018889.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000162828021018889/0001628280-21-018889-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000162828021018889/len-20210920.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T02:49:26.172515+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}