On Tuesday, KB Home KBH will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Wall Street analysts see KB Home reporting earnings of 77 cents per share on sales of $1.26 billion.
KB Home reported a per-share profit of 51 cents when it published results during the same quarter last year. Sales in that period totaled $1.14 billion. If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 50.98 percent. Sales would be up 10.14 percent from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 0.48 | 0.29 | 0.77 | 0.47 |
| EPS Actual | 0.57 | 0.4 | 0.84 | 0.51 |
Stock Performance
Over the last 52-week period, shares are up 22.27 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts have been rating KB Home stock as Sell. The strength of this rating has maintained conviction over the past three months.
Conference Call
KB Home's Q3 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/kmm6bxpt
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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