LEN-BNYSEConstruction

Lennar Corp (LEN-B) earnings date, market-implied expected move, and options open interest by expiry

85.52

Closed16:00 ET

Open85.49Volume3.4MMkt cap$20.7BP/E15.81Div yield2.30%

Day85.21 – 85.52100%52-wk71.78 – 130.8323%

LEN-B

Lennar Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Dec 15

after close · in 44 days

est.Q4 FY26

Calendar

Next report

Last report

+1.95%

shaded = implied · ▲▼ = realized

Sep 16 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+4.05%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

258 managers

Top fund weight

—

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Lennar (LEN-B) is expected to report on Dec 15 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q3 FY26Sep 16 '26confirmed—▲+1.95%—

quarterimplied−5%0+5%realized×

Q3 FY26—▲+1.95%—

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

No open-interest data.

Positioning

Linked exposure

No linked exposure.

Linked exposure

Revenue flow

as filedQ3 FY26

3.55%as filednet margin · revenue +1.34% QoQ · −8.67% YoY

Revenue

$8.0B+1.34% QoQ

Gross profit

$619M+11.46% QoQ

7.69% margin

Operating income

$460M+15.45% QoQ

5.71% margin

Pre-tax income

$387M−6.32% QoQ

Net income

$285M−7.35% QoQ

3.55% margin

Cost of revenue

$7.4B+0.58% QoQ

Operating expenses

$159M+1.31% QoQ

SG&A $138M

Other operating $21M

Other expense

$73M

Tax

$102M−3.30% QoQ

Revenue$8.0B+1.34%

Gross profit

$619M+11.46%

7.69% margin

Operating income

$460M+15.45%

5.71% margin

Pre-tax income

$387M−6.32%

Net income

$285M−7.35%

3.55% margin

Cost of revenue

$7.4B+0.58%

Operating expenses

$159M+1.31%

SG&A $138M

Other operating $21M

Other expense

$73M

Tax$102M−3.30%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Aug 31 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.51· ±2.5% vs ±1.7% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.5%5 of 10×1.51

PPIproducer prices±2.3%4 of 10×1.36

FOMCrate decision±2.2%10 of 24×1.33

CPIconsumer prices±2.2%4 of 10×1.28

GDPgross domestic product±1.4%7 of 19×0.82

PCEpersonal income & outlays±1.3%8 of 19×0.79

CPROFcorporate profits±0.9%4 of 12×0.54

Bar = avg |move| to ±3% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 1.19 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Sep 16 '26 · confirmed	1.19	—
Q2 FY26	—	—	—
Q1 FY26	—	—	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod