Company: LEN
Filing Date: 2025-07-01
Form Type: 10-Q
Source: 0001628280-25-033777
Chunk: 175

Company: LENNAR CORP /NEW/
Filing Date: 2025-07-01
Form: 10-Q
Item: Item 2
Chunk 175
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 technology investments— — — (29,440)— (29,440)Operating earnings (loss)$728,234 157,280 (14,754)(52,895)— 817,865 Corporate general and administrative expenses— — — — 155,853 155,853 Charitable foundation contribution— — — — 20,131 20,131 Earnings (loss) before income taxes$728,234 157,280 (14,754)(52,895)(175,984)641,881 

32

Three Months Ended May 31, 2024(In thousands)HomebuildingFinancial ServicesMultifamily Lennar OtherCorporateTotalRevenues:Sales of homes$8,357,750 — — — — 8,357,750 Sales of land13,598 — — — — 13,598 Other revenues9,711 281,723 99,500 3,310 — 394,244 Total revenues8,381,059 281,723 99,500 3,310 — 8,765,592 Costs and expenses:Costs of homes sold6,469,952 — — — — 6,469,952 Costs of land sold6,903 — — — — 6,903 Selling, general and administrative expenses629,600 — — — — 629,600 Other costs and expenses— 134,711 102,205 26,841 — 263,757 Total costs and expenses7,106,455 134,711 102,205 26,841 — 7,370,212 Equity in earnings (losses) from unconsolidated entities15,516 — (17,557)(2,268)— (4,309)Other income (expense), net and other gains (losses)50,035 — (212)18,349 — 68,172 Lennar Other unrealized losses from technology investments— — — (21,514)— (21,514)Operating earnings (loss)$1,340,155 147,012 (20,474)(28,964)— 1,437,729 Corporate general and administrative expenses— — —