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KB Home (KBH) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-01-10 23:47
KB Home (KBH) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $2.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.47%. A quarter ago, it was expected that this homebuilder would post earnings of $1.38 per share when it actually produced earnings of $1.80, delivering a surprise of 30.43%.Over the last four quarters, the company has su ...
Homebuilder KB Home says buyers are ‘responding favorably' to falling mortgage rates
Market Watch· 2024-01-10 22:16
Homebuilder KB Home on Wednesday said it had seen a “meaningful” increase in orders over the first several weeks of its first quarter, after a dip in mortgage rates last month made buying a home more attractive. “We have experienced a meaningful sequential increase in our net orders for the first five weeks of our 2024 first quarter, as consumers are responding favorably to the recent decline in mortgage rates,” Chief Executive Jeffrey Mezger said in the company’s fourth-quarter earnings release. “With ...
KB Home Reports 2023 Fourth Quarter and Full Year Results
Businesswire· 2024-01-10 21:10
LOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2023. “We ended the year with solid fourth quarter results, outperforming on key financial metrics relative to our guidance, including homes delivered that exceeded our expectations, reflecting improved build times. In addition, we generated considerable cash flow and continued to return capital to shareholders, repurchasing a significant amount of our common stock at well-below boo ...
KB Home (KBH) to Report Q4 Earnings: What's in the Offing?
Zacks Investment Research· 2024-01-08 17:03
KB Home (KBH) is slated to report fourth-quarter fiscal 2023 results (ended Nov 30) on Jan 10, after market close.In the last reported quarter, its earnings and revenues beat the Zacks Consensus Estimate by 30.4% and 8.9%, respectively. On a year-over-year basis, revenues and earnings decreased.The company’s earnings topped analysts’ expectations in 28 of the trailing 31 quarters.Trend in Estimate RevisionFor the quarter to be reported, the Zacks Consensus Estimate for earnings has decreased to $1.67 per sh ...
KB Home(KBH) - 2023 Q3 - Quarterly Report
2023-10-06 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended August 31, 2023. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from [ ] to [ ]. Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) Delaware 95-3666267 (State of incorporation) (IRS employer i ...
KB Home(KBH) - 2023 Q3 - Earnings Call Transcript
2023-09-21 01:23
KB Home (NYSE:KBH) Q3 2023 Earnings Call Transcript September 20, 2023 5:00 PM ET Company Participants Jill Peters - SVP, IR Jeff Mezger - Chairman, President and CEO Rob McGibney - EVP and COO Jeff Kaminski - EVP and CFO Conference Call Participants Matthew Bouley - Barclays Stephen Kim - Evercore Alan Ratner - Zelman & Associates John Lovallo - UBS Michael Rehaut - J.P. Morgan Truman Patterson - Wolfe Research Buck Horne - Raymond James Joe Ahlersmeyer - Deutsche Bank Jay McCanless - Wedbush Securities Op ...
KB Home(KBH) - 2023 Q2 - Quarterly Report
2023-07-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended May 31, 2023. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from [ ] to [ ]. Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) Delaware 95-3666267 (Address, including zip code, and telephone ...
KB Home(KBH) - 2023 Q2 - Earnings Call Transcript
2023-06-22 00:55
KB Home (NYSE:KBH) Q2 2023 Earnings Conference Call June 21, 2023 5:00 PM ET Company Participants Jill Peters - SVP, IR Jeffrey Mezger - Chairman, President & CEO Robert McGibney - EVP & COO Jeff Kaminski - EVP & CFO Conference Call Participants John Lovallo - UBS Michael Dahl - RBC Capital Markets Alan Ratner - Zelman & Associates Stephen Kim - Evercore ISI Matthew Bouley - Barclays Bank PLC Michael Rehaut - JPMorgan Joe Ahlersmeyer - Deutsche Bank Truman Patterson - Wolfe Research Charles Perron - Goldman ...
KB Home(KBH) - 2023 Q1 - Quarterly Report
2023-04-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended February 28, 2023. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from [ ] to [ ]. Commission File No. 001-09195 KB HOME (Exact name of registrant as specified in its charter) Delaware 95-3666267 (State of incorporation) (IRS employer ...
KB Home(KBH) - 2023 Q1 - Earnings Call Transcript
2023-03-23 03:03
KB Home (NYSE:KBH) Q1 2023 Earnings Conference Call March 22, 2023 5:00 PM ET Company Participants Jill Peters - Senior Vice President of Investor Relations Jeffrey Mezger - Chairman, President and Chief Executive Officer Robert McGibney - Executive Vice President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Conference Call Participants Stephen Kim - Evercore ISI Matthew Bouley - Barclays Bank PLC Michael Dahl - RBC Capital Markets John Lovallo - UBS Alan ...