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Shares of KB Home (NYSE:KBH) rose 1.5% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share were up 13.70% year over year to $0.83, which beat the estimate of $0.54.
Revenue of $999,013,000 declined by 13.95% from the same period last year, which beat the estimate of $893,240,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Sep 22, 2020
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/8uv5qoqt
Technicals
52-week high was at $40.51
52-week low: $9.82
Price action over last quarter: Up 39.79%
Company Overview
KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, and the Washington, D.C., area. KB Home operates in over several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on market location. The company also invests in land acquisition and development to support future building activities.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.