Market Overview

KB Home's Earnings: A Preview

Share:

On Tuesday, September 22, KB Home (NYSE: KBH) will release its latest earnings report. Benzinga's outlook for KB Home is included in the following report.

Earnings and Revenue

KB Home EPS is expected to be around $0.54, according to sell-side analysts. Sales will likely be near $893.24 million. In the same quarter last year, KB Home announced EPS of $0.73 on revenue of $1.16 billion. The Wall Street consensus estimate for earnings per share would represent a 26.03% decrease for the company. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.50 0.44 1.29 0.66
EPS Actual 0.55 0.63 1.31 0.73
Revenue Estimate 1.07 B 955.79 M 1.61 B 1.17 B
Revenue Actual 913.97 M 1.08 B 1.56 B 1.16 B

Stock Performance

Over the last 52-week period, shares are up 20.2%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. KB Home is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/8uv5qoqt

 

Related Articles (KBH)

View Comments and Join the Discussion!

Posted-In: Earnings