Market Overview

KB Home: Q3 Earnings Insights

Share:

Shares of KB Home (NYSE:KBH) rose 1.5% in after-market trading after the company reported Q3 results.

Quarterly Results

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

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.

 

Related Articles (KBH)

View Comments and Join the Discussion!

Posted-In: Earnings After-Hours Center