Wall Street analysts forecast that KB Home (KBH) will report quarterly earnings of $2.45 per share in its upcoming release, pointing to a year-over-year increase of 32.4%. It is anticipated that revenues will amount to $1.99 billion, exhibiting an increase of 19% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to ...

KB Home KBH will release earnings for its fourth quarter, after the closing bell on Thursday, Jan. 9.Analysts expect the Los Angeles-based company to report quarterly earnings at $2.46 per share, up from $1.85 per share in the year-ago period. KB Home projects to report quarterly revenue of $1.99 billion, compared to $1.67 billion a year earlier, according to data from Benzinga Pro.On Dec. 17, Wells Fargo analyst Sam Reid maintained KB Home with an Underweight rating. He also lowered the price target from $ ...

Earnings and Revenue Projections - KB Home is expected to report quarterly earnings of $2 46 per share, up from $1 85 per share in the year-ago period [1] - The company projects quarterly revenue of $1 99 billion, compared to $1 67 billion a year earlier [1] Previous Quarter Performance - KB Home reported third-quarter revenue of $1 75 billion, beating analyst estimates of $1 728 billion [2] - Third-quarter earnings were $2 04 per share, surpassing analyst estimates of $2 02 per share [2] - KB Home shares fell 1 6% to close at $64 64 on Thursday [2] Analyst Ratings and Price Targets - JP Morgan analyst Michael Rehaut maintained a Neutral rating and cut the price target from $92 5 to $82 on Dec 13, 2024 [4] - Barclays analyst Matthew Bouley downgraded the stock from Overweight to Equal-Weight and slashed the price target from $99 to $85 on Dec 11, 2024 [4] - Wedbush analyst Jay McCanless maintained a Neutral rating and raised the price target from $67 to $75 on Sept 25, 2024 [4] - B of A Securities analyst Rafe Jadrosich maintained a Neutral rating and boosted the price target from $75 to $90 on Sept 19, 2024 [4] - RBC Capital analyst Mike Dahl downgraded the stock from Sector Perform to Underperform with a price target of $70 on Sept 5, 2024 [4]

Earnings and Revenue Projections - KB Home is set to announce its earnings on January 9, 2025, with projected EPS of $2 45, reflecting a 32 43% increase from the same quarter last year [1] - Revenue is expected to reach $1 99 billion, up 19% from the prior-year quarter [1] Valuation Metrics - KB Home currently trades at a PEG ratio of 0 56, lower than the industry average of 0 68 [2] - The company has a Forward P/E ratio of 7 3, trading at a discount compared to the industry average of 8 04 [7] Stock Performance - KB Home shares lost 17 05% in the past month, underperforming the Construction sector, which lost 8 04%, and the S&P 500, which gained 0 34% [8] - The stock closed at $65 90, with a +0 06% change from the previous session, lagging behind the S&P 500's daily gain of 0 73%, the Dow's 0 16%, and the Nasdaq's 0 98% [11] Industry and Sector Analysis - The Building Products - Home Builders industry has a Zacks Industry Rank of 164, placing it in the bottom 35% of all 250+ industries [10] - The Zacks Industry Rank shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [3] Analyst Estimates and Revisions - The Zacks Consensus EPS estimate for KB Home has moved 1 47% lower within the past month [4] - Recent changes to analyst estimates reflect the dynamic nature of near-term business trends, with positive revisions indicating optimism about the company's business and profitability [9] Zacks Rank and Model - KB Home currently holds a Zacks Rank 4 (Sell) [4] - The Zacks Rank system, which integrates estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [4][6]

KB Home (NYSE: KBH ) operates as a homebuilder in the West Coast, Southwest, Central, and Southeast U.S. segments, with the largest segment being the West Coast segment with 44% of Q3 revenues and 32% of deliveries.I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a compa ...

KB Home (KBH) closed the most recent trading day at $82.74, moving -0.47% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.05% for the day. Meanwhile, the Dow experienced a drop of 0.17%, and the technology-dominated Nasdaq saw an increase of 0.4%.Shares of the homebuilder witnessed a gain of 4.3% over the previous month, trailing the performance of the Construction sector with its gain of 7.86% and the S&P 500's gain of 5.75%.Market participants will be c ...

KB Home (KBH) closed at $82.86 in the latest trading session, marking a +0.22% move from the prior day. This change outpaced the S&P 500's 0.38% loss on the day. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw a decrease of 0.59%.Heading into today, shares of the homebuilder had gained 5.39% over the past month, lagging the Construction sector's gain of 7.07% and outpacing the S&P 500's gain of 3.76% in that time.Investors will be eagerly watching for the performance ...

Investors and home buyers alike have watched eagerly as market optimism for homebuilder stocks has grown throughout the last year. The iShares U.S. Home Construction ETF BATS: ITB, a benchmark for the broader industry, rose to a 1-year high in mid-October and is currently up more than 38% in the past 12 months. The bullish view that has predominated in the homebuilder space may be due to anticipation of the Federal Reserve's first rate cut in years, which was confirmed in the FOMC meeting in September.Get I ...

The U.S. construction is trying to stage a steady comeback as price pressure and borrowing rates continue to ease. September saw a modest rise in construction spending. However, it hit a four-month high, indicating that the sector is recovering from its earlier lows. Residential construction, which had largely been responsible for driving construction spending in the past, saw an uptick in September, fueling overall spending on construction. Homebuilder confidence is also rising fast, with building permits ...

It has been about a month since the last earnings report for KB Home (KBH) . Shares have lost about 6.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is KB Home due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. KB Home's Q3 Earnings Meet, Lower FY24 Margin ViewKB ...