Here's What Key Metrics Tell Us About KB Home (KBH) Q4 Earnings
KB HomeKB Home(US:KBH) ZACKS·2025-12-19 00:00

Core Insights - KB Home reported revenue of $1.69 billion for the quarter ended November 2025, a decrease of 15.3% year-over-year, with EPS at $1.92 compared to $2.52 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $1.65 billion by 2.8%, while EPS also surpassed the consensus estimate of $1.79 by 7.26% [1] Financial Performance - Total backlog of homes stood at 3,128, below the average estimate of 3,400 [4] - Homes delivered totaled 3,619, exceeding the average estimate of 3,506 [4] - Net orders were 2,414, lower than the estimated 2,573 [4] - Average selling price was $465.6 million, slightly below the estimate of $467.42 million [4] - Ending community count was 271, above the estimate of 260 [4] - Total backlog value was $1.4 billion, compared to the average estimate of $1.67 billion [4] - Total revenues from homebuilding were $1.68 billion, surpassing the estimate of $1.64 billion, but reflecting a year-over-year decline of 15.5% [4] - Financial services revenue was $8.69 million, exceeding the estimate of $5.84 million, marking a year-over-year increase of 26.9% [4] - Operating income from homebuilding was $117.1 million, below the average estimate of $139.16 million [4] - Financial services pretax income was $10.61 million, slightly above the estimate of $9.97 million [4] Stock Performance - KB Home shares have returned +8.4% over the past month, outperforming the Zacks S&P 500 composite's +0.9% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]