Lennar (LEN): FY26 Q3 earnings call, Sep 17, 2026
On its Sep 17, 2026 earnings call (FY26 Q3), Lennar said 8 of the 10 words Polymarket listed; Parrot’s count agreed with all 10 settlements. Quotes below are at most 25 words each, with timed clips.
UpdatedMarkets
10 words · 8 settled yes · our count agreed on 10 of 10- Polymarket: anyone
Polymarket
backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.
| Word | Result | Our count | All speakers | Agrees | Probability | Clip | Market |
|---|---|---|---|---|---|---|---|
| Quarter 15+ times | Yes | 70 | 70 | ✓ | 86%transcripts from the transcript model | Hear it 1:12, Quarter 15+ times | – |
| Incentive | Yes | 10 | 10 | ✓ | 95%transcripts from the transcript model | Hear it 2:29, Incentive | – |
| Affordability 5+ times | Yes | 9 | 9 | ✓ | 83%transcripts from the transcript model | Hear it 3:29, Affordability 5+ times | – |
| Build / Builds | Yes | 5 | 5 | ✓ | 90%transcripts from the transcript model | Hear it 8:01, Build / Builds | – |
| Mortgage | Yes | 3 | 3 | ✓ | 88%transcripts from the transcript model | Hear it 4:11, Mortgage | – |
| Technology | Yes | 1 | 1 | ✓ | 95%transcripts from the transcript model | Hear it 16:35, Technology | – |
| Tax | Yes | 1 | 1 | ✓ | 71%transcripts from the transcript model | Hear it 30:46, Tax | – |
| Tariff | Yes | 1 | 1 | ✓ | 34%transcripts from the transcript model | Hear it 37:12, Tariff | – |
| Customer 10+ times | No | 7 | 7 | ✓ | 55%transcripts from the transcript model | Hear it 6:11, Customer 10+ times | – |
| Canada | No | 0 | 0 | ✓ | 16%transcripts from the transcript model | – |
Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 21, 2026 04:22 UTC.
Transcript
quotes of at most 25 wordsSpeaker-labelled transcript · Source and credits · Used to count words; quotes of at most 25 words.
7 matches for “Customer”; 5 quoted, at least 25 words apart.
Fourth, the resale seller has become a more aggressive competitor for our customer, especially at our price range. Resale supply has continued to rebuild and…
…When a resale seller cuts price, they are competing directly for our customer and we respond, which is a meaningful part of the incentive and…
…in order to meet demand at affordability. We offer the incentives our customers need to achieve the value they can afford, and we hold our…
…improving the quality of every home that we build with a world-class customer experience and with safety first for our building partners. That program starts…
…where we're operating more at the affordable end of the market, that customer is far more sensitive to what's happening, both in terms of cost…
Where the listed words were said
…and David Grove, our Executive Vice President for Homebuilding. Similar to last quarter, Jim and David, who jointly oversee our operations across the country, are…
…of 21,000-22,000. Our gross margin improved sequentially to 15.8%, as our sales incentives rate on deliveries came down to 12%. Our net margin improved to…
…rather strong volume, the market becomes more difficult as interest rates test affordability, particularly within our price ranges. During our third quarter, interest rates moved…
…and investor purchases of single-family homes, both as single-family for rent and build-to-rent communities, seems to have been resolved in recent legislation. We continue to…
…can afford to both produce a down payment and qualify for a mortgage. As in many of our markets, almost 50% of our visitors cannot…
…focus of our management team. In addition, we continue to inject modern technology into every aspect of our land-light execution. As I said in June,…
…expect our core G&A to be approximately 1.7% of total revenues, our tax rate to be approximately 25%, and the weighted average share count should…
…want to be specific because it moves around. The other thing is tariffs are having their impact, and your base question is, what does that…
Agents: this page as TSV at /api/v1/appearances/lennar:2026-09-17:earnings_call · words: /api/v1/brief?appearance=lennar:2026-09-17:earnings_call · columnar JSON in #parrot-data · llms.txt · MCP