. The company reported revenue of $8.77 billion, surpassing analyst estimates of $8.57 billion, while also exceeding expectations on the adjusted earnings per share front, with a figure of $3.38 per share surpassing the anticipated $3.24.breaks down the details of Lennar's earnings report, providing insights into what it means about the state of the consumer and the broader housing market.
And then in the second quarter, Leonard did cut homes home prices so we could see that in the next upcoming earnings. Well, and the other thing that we have to consider, too with the existing home market, is that homes that are 40 years or older, they're not.So that's why it really does make it attractive to jump into the new home market because you're gonna be offered some form of an incentive, whether it's the buy downs, whether it's the closing costs, whether it's the home price cut like there, it really makes it attractive.
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