On Tuesday, September 22, KB Home 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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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