{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-017308","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2026-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.033303+00:00","generated_at":"2026-05-15T14:38:10.249406+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Lennar Q1 diluted EPS $0.93, down from $1.96; home sales revenue falls 13% to $6.3B","bullets":["Net earnings $229M ($0.93 diluted EPS) vs $520M ($1.96) in Q1 2025; adjusted EPS $0.88 excluding tech gains.","Revenues from home sales $6.3B, down 13% YoY; deliveries 16,863 (-5%); avg sales price $374,000 (-$34k).","Gross margin on home sales 15.2% vs 18.7% a year ago; SG&A as % of home sales 9.8% vs 8.5%.","New orders increased 1% to 18,515 homes; backlog 15,588 homes valued at $6.0B.","Q2 guidance: deliveries 20,000-21,000; gross margin 15.5%-16.0%; Financial Services operating earnings $100M-$110M."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-017308","json":"https://secwatch.observer/filing/0001628280-26-017308.json","markdown":"https://secwatch.observer/filing/0001628280-26-017308.md","text":"https://secwatch.observer/filing/0001628280-26-017308.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000162828026017308/0001628280-26-017308-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000162828026017308/len-20260312.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T14:38:10.249406+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"}