Jim Cramer Notes KB Home Posted a “Disappointing Set of Numbers”

Company Overview - KB Home (NYSE:KBH) builds and sells homes for various buyers and provides related financial services, including mortgage, insurance, and title services [2] Earnings Report - KB Home reported disappointing earnings, with home deliveries and revenues falling 9% and 15% respectively, despite beating some expectations [1] - Adjusted earnings per share exceeded expectations but decreased by 24% compared to the previous year [1] - The average selling price of homes declined by 7% and missed expectations [1]