KB Home Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

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]