---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-006393"
form_type: "8-K"
ticker: "LEN"
cik: "0000920760"
company_name: "LENNAR CORP /NEW/"
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:35:05.899734+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lennar Q1 adj. EPS $2.70 beats $2.04 YoY; raises FY delivery & margin outlook

## Summary
- Net earnings $503.6M ($1.69 diluted); excluding mark-to-market losses on tech investments, adjusted EPS $2.70 vs $2.04 YoY.
- Revenues $6.2B (+16% YoY); homebuilding gross margin 26.9% (+190 bps); net margin 19.4% (+280 bps).
- Repurchased 5.3M shares for $526.3M; Board authorized new $2B share repurchase program.
- Guides Q2 deliveries 16,000-16,300; FY deliveries ~68,000 (up from 67,000); FY gross margin 27.25%-28.0% (up from 27.0%-27.5%).

## SEC filing metadata
- accession: 0001628280-22-006393
- form_type: 8-K
- ticker: LEN
- cik: 0000920760
- company_name: LENNAR CORP /NEW/
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/920760/000162828022006393/0001628280-22-006393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/920760/000162828022006393/len-20220316.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-006393
- JSON: https://secwatch.observer/filing/0001628280-22-006393.json
- Plain text: https://secwatch.observer/filing/0001628280-22-006393.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.