KB Home reports results for the quarter ended February 28 - Earnings Summary

KB Home

24/03/2025 21:39

KB Home KBH.N reported quarterly adjusted earnings of $1.49​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of $1.76.  The mean expectation of fifteen analysts for the quarter was for earnings of $1.57 per share. Wall Street expected results to range from $1.48  to $1.63 per share.

Revenue fell 5.2% to $1.39 billion from a year ago; analysts expected $1.50 billion.

KB Home's reported EPS for the quarter was $1.49​.

The company reported quarterly net income of $109.56 million.

KB Home shares had fallen by 9.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell."

The average consensus recommendation for the homebuilding peer group is also "hold"

Wall Street's median 12-month price target for KB Home is $73.50

This summary was machine generated from LSEG data March 24 at 09:38 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Feb. 28 2025
1.57
1.49
Missed
Nov. 30 2024
2.45
2.52
Beat
Aug. 31 2024
2.06
2.04
Missed
May. 31 2024
1.80
2.15
Beat