{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-022077","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2023-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.814557+00:00","generated_at":"2026-06-14T01:43:40.584205+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lennar Q2 EPS $3.01; raises FY delivery guidance to 68k-70k homes","bullets":["Net earnings $872M ($852M adj), diluted EPS $3.01 ($2.94 adj).","Homebuilding revenue $7.6B, gross margin 22.5%, net margin 15.8%.","Homebuilding cash $4.0B, debt to capital 13.3%, no revolver borrowings.","Q3 guidance: deliveries 17,750-18,250, gross margin 23.5%-24.0%. FY23 deliveries raised to 68k-70k.","Repurchased 2M shares for $208M and $158M debt in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-022077","json":"https://secwatch.observer/filing/0001628280-23-022077.json","markdown":"https://secwatch.observer/filing/0001628280-23-022077.md","text":"https://secwatch.observer/filing/0001628280-23-022077.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000162828023022077/0001628280-23-022077-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000162828023022077/len-20230614.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T01:43:40.584205+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":[{"claim_id":"bd174b3e1356add2bcfc985d458b30734d2beb7d","claim":"LENNAR CORP /NEW/ reported second quarter ended May 31, 2023 results: revenue $8.0 billion, net income $872 million, EPS $3.01 per diluted share. Guidance raised.","evidence_excerpt":"Lennar Reports Second Quarter 2023 Results Second Quarter 2023 Highlights • Net earnings per diluted share of $3.01 ◦ $2.94, excluding mark-to-market gains on technology investments • Net earnings of $872 million ◦ $852 million, excluding mark-to-market gains on technology investments • Deliveries of 17,074 homes • New orders of 17,885 homes with a dollar value of $8.2 billion • Backlog of 20,214 homes with a dollar value of $9.5 billion • Total revenues of $8.0 billion","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/920760/000162828023022077/0001628280-23-022077-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended May 31, 2023"},{"label":"Revenue","value":"$8.0 billion"},{"label":"Net income","value":"$872 million"},{"label":"EPS","value":"$3.01 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}