Stocks To Watch Today

Keep an eye on shares of KB Homes (

) today. The midcap homebuilder is announcing earnings today before the market opens. Analysts are expecting KB Homes to report revenue of $373 million and earnings per share of negative 30 cents per share. Homebuilder Lennar (

) set the bar high for KB homes yesterday by providing a rosy outlook for the rest of the year. Based on the poor home sales report this week, it is likely that KB homes will lower guidance for the rest of the year. If this happens expect a steep selloff in the stock. KB Homes currently trades at $12.22 per share.