KB Home is expected to report strong revenue growth in Q4.
From StockStory Communications: 2025-01-12 02:00:49
Homebuilder KB Home (NYSE:KBH) will be reporting earnings after market close. Last quarter, KB Home beat revenue expectations by 1.4%, reporting $1.75 billion in revenues, up 10.4% year on year. This quarter, analysts expect revenue to grow 18.5% to $1.98 billion, with adjusted earnings at $2.44 per share. KB Home has missed revenue estimates once in the last two years, but analysts anticipate the business to stay the course. Inflation nearing the Fed’s 2% goal has led to strong market performance. KB Home is down 11.3% in the last month, with an average analyst price target of $80.31.
Read more at StockStory Communications: KB Home (KBH) Reports Q4 Results Tomorrow