KB Home (KBH) saw a significant price increase on January 14, 2025, closing at $67.17, up 4.82% from the previous close of $64.08. The stock opened at $71.63, reaching a high of $72.44 before settling down. This surge was driven by the company's strong fourth-quarter earnings report, which exceeded Wall Street expectations. KB Home reported earnings per share of $2.52, surpassing the consensus estimate of $
KB Home's stock is experiencing a significant uptick following the release of its fourth-quarter earnings report, which surpassed Wall Street's expectations. The homebuilder reported earnings per share of $2.52, exceeding the consensus estimate of $2.44. Additionally, the company posted revenue of $2.00 billion, slightly above the anticipated $1.98 billion. The strong performance was driven by a 17% increas
Citi's latest analysis on KB Home (KBH) highlights a modest Q4 EPS beat, driven by better-than-expected deliveries of 4,000 units against a consensus of 3,900, despite softer pricing and gross margins. The report notes that KBH's shares rose 9% post-market, even as the company guided below-consensus gross margins for FY 2025, expecting 20-21% compared to the consensus of 21.1%. This margin compression is at
Citi has highlighted KB Home's (KBH) recent earnings report, which revealed a miss on fiscal Q3 gross margins (20.7% vs. 21.2% consensus) and a reduction in full-year guidance to 21.1-21.2% from 21.1-21.5%. The company attributed this to increased incentives amid softer demand in June and July, though demand showed improvement in August. KBH's net order volumes also fell short of expectations (3,085 vs. 3,3