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KB Home Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
KBHKB Home(KBH) Benzinga·2025-01-03 07:54

Earnings and Revenue Projections - KB Home is expected to report quarterly earnings of 246pershare,upfrom2 46 per share, up from 1 85 per share in the year-ago period [1] - The company projects quarterly revenue of 199billion,comparedto1 99 billion, compared to 1 67 billion a year earlier [1] Previous Quarter Performance - KB Home reported third-quarter revenue of 175billion,beatinganalystestimatesof1 75 billion, beating analyst estimates of 1 728 billion [2] - Third-quarter earnings were 204pershare,surpassinganalystestimatesof2 04 per share, surpassing analyst estimates of 2 02 per share [2] - KB Home shares fell 1 6% to close at 6464onThursday[2]AnalystRatingsandPriceTargetsJPMorgananalystMichaelRehautmaintainedaNeutralratingandcutthepricetargetfrom64 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 82onDec13,2024[4]BarclaysanalystMatthewBouleydowngradedthestockfromOverweighttoEqualWeightandslashedthepricetargetfrom82 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 85onDec11,2024[4]WedbushanalystJayMcCanlessmaintainedaNeutralratingandraisedthepricetargetfrom85 on Dec 11, 2024 [4] - Wedbush analyst Jay McCanless maintained a Neutral rating and raised the price target from 67 to 75onSept25,2024[4]BofASecuritiesanalystRafeJadrosichmaintainedaNeutralratingandboostedthepricetargetfrom75 on Sept 25, 2024 [4] - B of A Securities analyst Rafe Jadrosich maintained a Neutral rating and boosted the price target from 75 to 90onSept19,2024[4]RBCCapitalanalystMikeDahldowngradedthestockfromSectorPerformtoUnderperformwithapricetargetof90 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]