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Benzinga
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KB Home Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. KBH Q3 earnings expected at $1.51 per share, down from $2.04. 2. Projected revenue of $1.59 billion, lower than last year's $1.75 billion. 3. Analysts have mixed ratings with several cutting their price targets. 4. KBH shares decreased 2.4% to close at $62.40 recently. 5. Previous quarter showed revenue of $1.52 billion, beating estimates.

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FAQ

Why Bearish?

Lower earnings and revenue projections indicate potential investor concerns. Historical examples show that when earnings fall below expectations, stocks often suffer in price.

How important is it?

Earnings results directly influence stock price, especially with negative projections.

Why Short Term?

Earnings releases typically affect stock prices immediately, with movements occurring right after announcements.

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