Lennar (NYSE:LEN) reported quarterly earnings of $4.03 per share which missed the analyst consensus estimate of $4.16 by 3.12 percent. This is a 22.05 percent decrease over earnings of $5.17 per share from the same period last year. The company reported quarterly sales of $9.95 billion which missed the analyst consensus estimate of $10.08 billion by 1.35 percent. This is a 9.32 percent decrease over sales of $10.97 billion the same period last year.