{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-032289","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2023-09-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.031531+00:00","generated_at":"2026-06-10T18:25:27.461176+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lennar Q3 EPS $3.87, deliveries up 8% to 18,559; new orders up 37%","bullets":["Net earnings $1.1B ($3.87/diluted) vs $1.5B ($5.03) YoY; adjusted EPS $3.91.","Homebuilding gross margin 24.4% vs 29.2% YoY; S,G&A 7.0% of home sales.","Financial Services op earnings $148M vs $63M YoY (incl. $36M one-time charge in 2022).","Q4 guidance: deliveries 21,500-22,500, gross margin 24.4%-24.6%, S,G&A 6.7%-6.9%.","Repaid $475M debt, repurchased 3M shares for $366M; cash $3.9B, no revolver draw."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-032289","json":"https://secwatch.observer/filing/0001628280-23-032289.json","markdown":"https://secwatch.observer/filing/0001628280-23-032289.md","text":"https://secwatch.observer/filing/0001628280-23-032289.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000162828023032289/0001628280-23-032289-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000162828023032289/len-20230914.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T18:25:27.461176+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":"b2f1f4839d1387603fc671551bb3dfbfba08b6a5","claim":"LENNAR CORP /NEW/ reported the third quarter ended August 31, 2023 results: revenue $8.7 billion, net income $1.1 billion, EPS $3.87 per diluted share.","evidence_excerpt":"New orders increased 37% to 19,666 homes; new orders dollar value increased 30% to $8.6 billion • Backlog of 21,321 homes with a dollar value of $9.9 billion • Total revenues of $8.7 billion • Homebuilding operating earnings of $1.5 billion ◦ Gross margin on home sales of 24.4% ◦ S,G&A expenses as a % of revenues from home sales of 7.0% ◦ Net margin on home sales of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/920760/000162828023032289/0001628280-23-032289-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended August 31, 2023"},{"label":"Revenue","value":"$8.7 billion"},{"label":"Net income","value":"$1.1 billion"},{"label":"EPS","value":"$3.87 per diluted share"},{"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"}