KB Home is slated to release Q2 results after the June 23 close, with a consensus EPS of $1.59 and revenue near $45.49 billion. A May 21 expansion into Atlanta suggests upside potential from a top-five housing market, potentially supporting demand and margins. A stronger-than-expected print could push the stock higher in the near term, while a disappointing report may compress valuation.
KB Home reported Q4 revenue of $1.69B, exceeding estimates. Adjusted earnings were $1.92 per share, beating analyst expectations. The company expects Q1 housing revenue of $1.05B to $1.15B. Shares dropped 9.3% following the earnings announcement. Analysts lowered price targets post-earnings, indicating cautious sentiment.
KB Home aims to reverse recent performance trends with Q3 earnings. Analysts project Q3 revenue of $1.59 billion, down from $1.75 billion. Second quarter saw mixed results; net orders and backlog fell significantly. Positive signs include higher average selling prices of $488,700. Federal rate cuts may create a bullish environment for homebuilders.
KBH Q3 earnings expected at $1.51 per share, down from $2.04. Projected revenue of $1.59 billion, lower than last year's $1.75 billion. Analysts have mixed ratings with several cutting their price targets. KBH shares decreased 2.4% to close at $62.40 recently. Previous quarter showed revenue of $1.52 billion, beating estimates.