---
title: "萊納房產公佈第一季度財報：雙重未達預期，交付量下降"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/279058661.md"
description: "萊納公司（Lennar Corporation，股票代碼：LEN）公佈了第一季度財報，調整後的每股收益為 88 美分，低於預期的 96 美分，收入為 66.1 億美元，低於 68.8 億美元的預測。新訂單增長 1%，達到 18,515 套房屋，而交付量下降 5%，為 16,863 套房屋。平均銷售價格從一年前的 40.8 萬美元降至 37.4 萬美元。未交付訂單為 15,588 套，價值 60 億美元。首席執行官斯圖爾特·米勒（Stuart Miller）提到，住房市場面臨持續挑戰，包括高抵押貸款利率和消費者謹慎的情緒。儘管業績不及預期，LEN 的股價上漲了 2.49%，至 94.84 美元"
datetime: "2026-03-13T13:56:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279058661.md)
  - [en](https://longbridge.com/en/news/279058661.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279058661.md)
---

# 萊納房產公佈第一季度財報：雙重未達預期，交付量下降

**Lennar Corporation ( LEN )** reported first-quarter financial results after the market closed on Thursday. Here’s a look at key highlights from the quarter.

-   Lennar ( LEN ) shares are trending higher. Why is LEN stock trading higher?

## **Q1 Results And Housing Metrics**

Lennar ( LEN ) reported adjusted earnings per share of 88 cents, missing the consensus estimate of 96 cents. In addition, it reported revenue of $6.61 billion, missing the consensus estimate of $6.88 billion.

New orders increased 1% year-over-year to 18,515 homes.

Deliveries decreased 5% year-over-year to 16,863 homes. The average sales price of homes delivered was $374,000, compared with $408,000 in the prior-year quarter.

Lennar ( LEN ) reported a backlog of 15,588 homes with a dollar value of $6.0 billion.

"Our first quarter of fiscal year 2026 was defined by the same persistent headwinds that have challenged the housing market for over three years — high mortgage rates, constrained affordability, cautious consumer sentiment, and geopolitical uncertainty," said Executive Chairman and CEO **Stuart Miller**.

## Lennar Shares Edge Higher

**LEN Price Action:** At the time of publication, Lennar ( LEN ) shares are trading 2.49% higher at $94.84, according to data from Benzinga Pro.

_Image via Shutterstock_

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