{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-042551","form_type":"8-K","ticker":"LEN","cik":"0000920760","company_name":"LENNAR CORP /NEW/","filed_at":"2026-06-11T20:48:58+00:00","discovered_at":"2026-06-11T20:50:00.425456+00:00","generated_at":"2026-06-11T20:50:25.498958+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 Q2 EPS $1.24 ($1.31 adj.) down 31% YoY; new orders -4%; full-year delivery guidance cut to 82k-83k homes","bullets":["Net earnings $305M ($1.24/diluted); adj. EPS $1.31 ex mark-to-market losses on tech investments.","New orders 21,749 (-4% YoY); deliveries 20,519 (+2% YoY); avg. sales price $371K (-5% YoY).","Gross margin on home sales 15.6% (down from 17.8% YoY); SG&A 9.2% of home sales (up from 8.8%).","Repurchased 5M shares for $447M at avg price $89.35.","Q3 guidance: deliveries 20,500-21,500; gross margin ~16%; FY deliveries now ~82k-83k (moderating)."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-042551","json":"https://secwatch.observer/filing/0001628280-26-042551.json","markdown":"https://secwatch.observer/filing/0001628280-26-042551.md","text":"https://secwatch.observer/filing/0001628280-26-042551.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/920760/000162828026042551/0001628280-26-042551-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920760/000162828026042551/len-20260611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T20:50:25.498958+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":"f75f5e15aa60fa633310203e61097d51f4a722f0","claim":"LENNAR CORP /NEW/ reported second quarter ended May 31, 2026 results: net income $305 million, EPS $1.24 per diluted share.","evidence_excerpt":"second quarter net earnings attributable to Lennar in 2026 were $305 million, or $1.24 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/920760/000162828026042551/0001628280-26-042551-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended May 31, 2026"},{"label":"Net income","value":"$305 million"},{"label":"EPS","value":"$1.24 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"}