KBH Home down as demand weighs on Q1 results, 2026 forecast

KB Home

25/03/2026 11:54

** Shares of homebuilder KBH Home KBH.N down 1% at $52.8 premarket

** The company on Tuesday posted first-quarter diluted earnings per share of 52 cents vs $1.49 for the same period last year

** Co's Q1 revenues were down 23% to $1.08 billion and home deliveries decreased 14% to 2,370

** "Concerns surrounding the conflict in the Middle East have introduced an additional layer of uncertainty for consumers who were already working through numerous challenges," said KBH executive chairman Jeffrey Mezger

** Co sees 2026 housing revenues in the range of $4.80 billion to $5.50 billion, below Wall Street's estimates of $5.62 billion

** Median PT of 18 brokerages covering the stock is $56 - data compiled by LSEG

** As of last close, KBH down 6.2% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))