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KB Home (KBH) slashed its full-year revenue outlook after a weak second quarter, highlighting just how sluggish the housing market has become, with existing home sales seeing their worst May since 2009. Meredith Whitney, CEO of Meredith Whitney Advisory Group, joins Morning Brief to discuss why she expects the housing market to keep weakening through the rest of the year.
KB Home KBH posted better-than-expected earnings for the second quarter after the closing bell on Monday.
Builder KB Home cut its outlook for sales, profitability and home prices, as affordability and worries about the economy are keeping demand weak.
KBH beats fiscal second-quarter estimates but trims 2025 guidance as housing market headwinds weigh on margins and new orders.
Here's our initial take on KB Home's (KBH -0.97%) fiscal 2025 second-quarter financial report.
KB Home (KBH) topped second-quarter revenue and profit estimates after the bell Monday, but cut its full-year sales forecast as the housing market remains sluggish.
KB Home (KBH 3.29%) reported Q2 2025 results on June 23, 2025, delivering revenues of $1.5 billion and diluted EPS of $1.50, with adjusted gross margins of 19.7%, exceeding guidance.
KB Home (NYSE:KBH ) Q2 2025 Earnings Conference Call June 23, 2025 5:00 PM ET Company Participants Jeffrey T. Mezger - Chairman & CEO Jill S.
The home builder continued to lower its full-year guidance, spooking investors.
Calls for peace in the region from President Trump look to have been taken to heart -- if not by the mullahs in charge of Iran, then by traders in today's stock indexes.