KBH Stock Recent News

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.

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.

Zacks.com users have recently been watching KB Home (KBH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

High mortgage rates and rising costs are dampening homebuilder confidence.

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

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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

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.

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.