Lennar falls after quarterly profit decline

Sept 18 (Reuters) - Shares of homebuilder Lennar LEN.N fall about 3% to $128.5 after the bell

LEN reports a 46% year-on-year decline in Q3 profit as inflationary pressures continue to weaken demand for homes

Reports Q3 earnings of $2.29 per share, compared with $4.26 per share a year earlier

Q3 revenue of $8.25 billion misses analysts' expectations of $9 billion, according to data compiled by LSEG

Company sees Q4 home deliveries in the range of 22,000 to 23,000 units, below analysts' estimates of over 25,000 units

Up till last close, stock up 1.4% YTD