Core Viewpoint - KB Home is set to release its third-quarter earnings results on September 24, with expectations of increased earnings and revenue compared to the previous year [1][2]. Earnings Expectations - Analysts anticipate KB Home will report quarterly earnings of $2.06 per share, an increase from $1.80 per share in the same period last year [2]. - The projected quarterly revenue for KB Home is $1.73 billion [2]. Dividend Information - On July 18, KB Home's board declared a quarterly cash dividend of 25 cents per share on its common stock [2]. Stock Performance - KB Home shares experienced a decline of 2.7%, closing at $87.23 on the previous Friday [2]. Analyst Ratings - KB Home has a consensus rating of 67.6 based on 21 analysts [2]. - Recent analyst ratings include: - B of A Securities maintained a Neutral rating and raised the price target from $75 to $90 [2]. - Wedbush reiterated a Neutral rating with a price target of $67 [2]. - Wells Fargo maintained an Equal-Weight rating and increased the price target from $70 to $80 [2]. - RBC Capital downgraded the stock from Sector Perform to Underperform with a price target of $70 [2]. - Goldman Sachs maintained a Neutral rating and raised the price target from $72 to $82 [2].
KB Home Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call