Shares of KB Home (NYSE: KBH ) have been a tremendous performer over the past year, gaining nearly 90% as the US housing market has proven fairly resilient to elevated rates. However, shares traded down 6% on Monday evening in responseOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!An ...

Key TakeawaysKB Home shares dropped 6% in extended trading on Tuesday after the homebuilder missed Wall Street’s third-quarter profit expectations.The stock sits poised to fall below the lower trendline of an ascending triangle on Wednesday, opening the door for further price fluctuations.Investors should monitor key post-earnings price levels on KB Home's chart at $79, $72, and $64.A measured move, which calculates the distance of the ascending triangle near its widest point and adds that amount to the pat ...

KB Home (NYSE:KBH) Q3 2024 Earnings Conference Call September 24, 2024 5:00 PM ET Company Participants Jill Peters - SVP of IR Jeffrey Mezger - Chairman and CEO Robert McGibney - President and COO Jeff Kaminski - EVP and CFO Conference Call Participants Matthew Bouley - Barclays Stephen Kim - Evercore ISI John Lovallo - UBS Alan Ratner - Zelman & Associates Rafe Jadrosich - Bank of America Trevor Allinson - Wolfe Research Jade Rahmani - KBW Susan Maklari - Goldman Sachs Group, Inc. Operator Good afternoon. ...

KB Home (KBH) reported $1.75 billion in revenue for the quarter ended August 2024, representing a year-over-year increase of 10.4%. EPS of $2.04 for the same period compares to $1.80 a year ago.The reported revenue represents a surprise of +1.50% over the Zacks Consensus Estimate of $1.73 billion. With the consensus EPS estimate being $2.04, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

KB Home (KBH) came out with quarterly earnings of $2.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.80 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this homebuilder would post earnings of $1.78 per share when it actually produced earnings of $2.15, delivering a surprise of 20.79%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.KB Home, which belongs to the Zack ...

Exhibit 99.1 FOR RELEASE, Tuesday, September 24, 2024 For Further Information: 1:10 p.m. Pacific Time Jill Peters, Investor Relations Contact (310) 893-7456 or jpeters@kbhome.com Cara Kane, Media Contact (321) 299-6844 or ckane@kbhome.com KB HOME REPORTS 2024 THIRD QUARTER RESULTS Revenues Increased 10% to $1.75 Billion; Diluted Earnings Per Share Up 13% to $2.04 Repurchased $150.0 Million of Common Stock LOS ANGELES (September 24, 2024) — KB Home (NYSE: KBH) today reported results for its third quarter end ...

KB Home (KBH) is slated to report third-quarter fiscal 2024 results (ended Aug. 31) on Sept. 24, after the closing bell.In the last reported quarter, KB Home's earnings and revenues beat the Zacks Consensus Estimate by 20.8% and 4.3%, respectively. On a year-over-year basis, earnings increased 11% on 3.4% lower revenues.The company’s earnings topped analysts’ expectations in 31 of the trailing 34 quarters.How Are Estimates Placed for KBH?For the quarter to be reported, the Zacks Consensus Estimate for earni ...

KB Home KBH will release earnings results for its third quarter, after the closing bell on Tuesday.Analysts expect the Los Angeles-based company to report quarterly earnings at $2.06 per share. That’s up from $1.80 per share in the year-ago period. KB Home projects quarterly revenue of $1.73 billion, according to data from Benzinga Pro.On Sept. 19, Bank of America Securities analyst Rafe Jadrosich maintained KB Home with a Neutral rating and raised the price target from $75 to $90.With the recent buzz aroun ...

KB Home KBH will release earnings results for its third quarter, after the closing bell on Tuesday, Sept. 24.Analysts expect the Los Angeles, California-based company to report quarterly earnings at $2.06 per share, up from $1.80 per share in the year-ago period. KB Home is projected to post quarterly revenue of $1.73 billion, according to data from Benzinga Pro.On July 18, the company's board of directors declared a quarterly cash dividend of 25 cents per share on the company’s common stock.KB Home shares ...

Wall Street analysts forecast that KB Home (KBH) will report quarterly earnings of $2.04 per share in its upcoming release, pointing to a year-over-year increase of 13.3%. It is anticipated that revenues will amount to $1.73 billion, exhibiting an increase of 8.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial esti ...