KB Home

KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes, and condominiums. The firm operates through the following segments: West Coast, Southwest, Central, and Southeast. It offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. The company was founded in 1957 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q3 2024

Earnings data Q4 2024

KB Home reports robust 2022 performance amidst challenges and opportunities

KB Home's strong financial performance in 2022 was accompanied by challenges like supply chain issues and lower net orders in the fourth quarter.
Efforts to reduce construction costs and protect backlog margins are key strategies to manage costs effectively and enhance operational efficiency.
Strategic pricing adjustments and a focus on maintaining gross margins amidst market challenges position KB Home for future growth and profitability.
With a robust backlog and opportunities for operational improvements, KB Home is poised to navigate challenges and capitalize on market opportunities in '23.

KB Home reports resilient Q1 results, eyes strategic growth

KB Home's Q1 performance reflects resilience with strong financial results and strategic market expansion.
Challenges include monitoring mortgage rate impacts and consumer behavior amidst economic changes.
Opportunities lie in cash flow optimization, selective land deals, and leveraging mortgage rate buy downs.
Overall, KB Home maintains a positive outlook for sales and profitability in the coming quarters.

KB Home surpasses Q2 expectations, eyes growth opportunities in '24

KB Home delivered a strong performance in Q2, exceeding revenue guidance and showcasing financial discipline and prudent management practices.
While facing challenges related to demand fluctuations and capital allocation, the company is well-positioned to capitalize on growth opportunities in '24.
With a focus on cost savings, energy efficiency, and strategic expansion efforts, KB Home aims to drive continued success and market leadership.
Anticipated improvements in sales pace, community count growth, and optimized asset utilization signal a positive outlook for KB Home's future performance.

KB Home exceeds Q3 targets, eyes growth amid supply challenges

KB Home's Q3 earnings call highlighted strong performance, solid financial position, and strategic focus on growth. Despite challenges in supply conditions, the company aims to capitalize on opportunities in the housing market and maintain momentum for a strong fourth quarter.

KB Home surpasses Q4 expectations, eyes growth amid improving market

KB Home had a robust Q4 performance, exceeding expectations with strong revenues and earnings. The company is optimistic about market recovery and potential margin improvement as mortgage rates decline. By focusing on built-to-order homes, managing costs, and responding to market demand, KB Home aims to sustain growth and shareholder value in 2024.

KB Home reports robust Q1 performance amidst market challenges

KB Home's Q1 2024 performance reflects strong revenue growth, operational efficiency, and strategic acceleration of starts.
Challenges include forecasting uncertainties, inflation impact on costs, and competitive land market conditions.
Opportunities lie in sustained performance, market dynamics, operational efficiencies, and flexible market targeting strategies.
Overall, KB Home's focus on growth, returns, and shareholder value positions it well for future success in the housing market.

KB Home Exceeds Q2 Expectations, Strong Growth Ahead

KB Home demonstrated a strong performance in Q2 2024, overcoming market volatility with significant revenue growth, stable margins, and strategic capital allocation. The company's focus on shareholder returns and robust operational metrics positions it well for sustained growth amid fluctuating market conditions.

KB Home reports robust Q3 earnings, eyes growth and efficiency

KB Home's Q3 performance reflects solid financial results, strong demand, and strategic investments in growth and operational efficiency.
The company's strengths in revenue projections, cost management, and customer focus position it well for future growth and profitability.
While facing challenges related to market dynamics and cost pressures, KB Home has opportunities to capitalize on market trends and enhance operational effectiveness for sustained success.

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BRIGHTON, Colo.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home (NYSE: KBH) today announced the grand opening of its newest community, Farmlore Reserve, in a premier new master plan located in Brighton, Colorado. The new homes at Farmlore Reserve are designed for the way people live today, with popular interior features like modern kitchens overlooking large great rooms, bedroom suites with walk-in closets, and ample storage space. The one- and two-story floor plans offer up to seven bedrooms and five-and-a-half bat.

KB Home Announces the Grand Opening of Its Newest Community in Farmlore, a Premier New Master Plan in Brighton, Colorado

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Sales of new U.S. single-family homes slipped in May, marking the lowest level in six months, according to the U.S. Census Bureau's latest report. New home sales — a leading housing market indicator based on signed contracts, not closings — decreased 11.3% to a seasonally adjusted annual rate of 619,000 units in May from April, according to the Commerce Department's report released on Jun 26, 2024.

New Home Sales Dip in May: What Lies Ahead for Housing?

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Here Is Why Bargain Hunters Would Love Fast-paced Mover KB Home (KBH)

The numbers: Sales of newly built homes in the U.S. plunged in May, as the number of home buyers scaled back in the face of high mortgage rates.

New-home sales plunge to lowest level since November

Revenue and EPS have been above analyst estimates in the past quarter, but revenue has declined compared to the prior year. The profitability of the firm has not improved and remains relatively weak relative to industry peers. Share repurchases and dividend payments highlight the commitment to returning value to shareholders, while stock is considered fairly valued.

Are KB Home's Results As Promising As They First Appear?

KB Home (KBH) to benefit from favorable longer-term housing market conditions, including a shortage of new and resale homes, robust employment, wage growth and rising household formations.

Built-to-Order & Land Buyout Strategies Aid KB Home (KBH)

The housing market in 2024 continues to be complex and volatile for homebuyers and investors. Interest rate volatility, affordability concerns, and persistent inflation present ongoing challenges for the industry.

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KB Home reported strong earnings, beating estimates on both lines, despite lower home deliveries. KBH's shareholder return program includes substantial share repurchases that are driving strong earnings per share growth. KB Home's solid profitability, strong cash flows, and positive outlook for order growth make it an interesting investment opportunity in the homebuilding industry.

KB Home: What To Make Of Its Q2 Earnings Beat

KB Home KBH posted better-than-expected earnings and sales results for its second quarter on Tuesday.

KB Home Analysts Boost Their Forecasts After Upbeat Q2 Results

KB Home's (KBH) fiscal Q2 results reflect strong orders. However, lower home deliveries raise concerns.

KB Home (KBH) Q2 Earnings & Revenues Top Estimates, Stock Up

KB Home (NYSE:KBH ) Q2 2024 Earnings Conference Call June 18, 2024 5:00 PM ET Company Participants Jill Peters - Senior Vice President of Investor Relations Jeffrey Mezger - Chairman and Chief Executive Officer Robert McGibney - President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Chase & Co. Anika Dholakia - Barclays Alan Ratner - Zelman & Associates Susan Maklari - Goldman Sachs Group, Inc. Jay McCanless - Wedbush Securities Operator Good afternoon. My name is John, and I'll be your conference operator today.

KB Home (KBH) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for KB Home (KBH) give a sense of how its business performed in the quarter ended May 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

KB Home (KBH) Reports Q2 Earnings: What Key Metrics Have to Say

KB Home (KBH) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.94 per share a year ago.

KB Home (KBH) Q2 Earnings and Revenues Beat Estimates

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2024. “We produced solid results in our 2024 second quarter, with our key metrics above the high end of our guidance ranges,” said Jeffrey Mezger, Chairman and Chief Executive Officer. “Buyers remained resilient in their desire for homeownership despite the volatility in mortgage interest rates. Our pace of monthly net orders per community was one of our highest second quarter levels in.

KB Home Reports 2024 Second Quarter Results

The P/B ratio helps to identify low-priced stocks with high growth prospects. Ford Motor Company (F), Paysafe Limited (PSFE), The ODP Corporation (ODP), Tri Pointe Homes (TPH) and KB Home (KBH) are some such stocks.

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KB Home KBH will release earnings results for its second quarter, after the closing bell on Tuesday.

KB Home Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

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CNBC's Jim Cramer on Friday guided investors through next week's most important happenings on Wall Street, including earnings reports from homebuilders Lennar and KB Home. He said that the housing sector can be the "linchpin" of the economy.

Cramer's week ahead: A closer look at housing with Lennar and KB Home earnings

KB Home is next up on the earnings calendar after a hawkish Federal Reserve dialed back rate-cut expectations at its latest policy meeting.

News for KB Home Stock (KBH)