{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-041612","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2023-12-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.407058+00:00","generated_at":"2026-06-07T13:17:16.456735+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 Q4 EPS $4.82 ($5.17 adj.); orders +32%; guides FY24 deliveries 80K","bullets":["Q4 net earnings $1.4B ($4.82/diluted); adj. $1.5B ($5.17/diluted) vs $1.3B ($4.55) a year ago.","New orders 17,366 homes (+32%); deliveries 23,795 (+19%); avg sales price $441K (-9%).","Homebuilding gross margin 24.2%; net margin 17.6%; S,G&A at 6.6% of home sales revenue.","Financial Services op. earnings $168M vs $125M; Multifamily op. loss $12M; Lennar Other loss $125M from tech write-downs.","Q1 2024 guidance: deliveries 16,500-17,000 homes, gross margin 21.0%-21.25%; FY2024 deliveries ~80,000 homes; share repurchase target $2B."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-041612","json":"https://secwatch.observer/filing/0001628280-23-041612.json","markdown":"https://secwatch.observer/filing/0001628280-23-041612.md","text":"https://secwatch.observer/filing/0001628280-23-041612.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000162828023041612/0001628280-23-041612-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000162828023041612/len-20231214.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T13:17:16.456735+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":"0273a55a9ba5d1e003d66fbd3f246fe625048909","claim":"LENNAR CORP /NEW/ reported fourth quarter and fiscal year ended November 30, 2023 results: revenue $11.0 billion, net income $1.4 billion, EPS $4.82 per diluted share. Guidance reaffirmed.","evidence_excerpt":"orders dollar value increased 32% to $7.3 billion • Backlog of 14,892 homes with a dollar value of $6.6 billion • Deliveries increased 19% to 23,795 homes • Total revenues of $11.0 billion • Homebuilding operating earnings of $1.9 billion ◦ Gross margin on home sales of 24.2% ◦ S,G&A expenses as a % of revenues from home sales of 6.6% ◦ Net margin on home sales of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/920760/000162828023041612/0001628280-23-041612-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended November 30, 2023"},{"label":"Revenue","value":"$11.0 billion"},{"label":"Net income","value":"$1.4 billion"},{"label":"EPS","value":"$4.82 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"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"}