Homebuilder KB Home (NYSE:KBH) will report earnings after market hours. Last quarter, KB Home beat revenue expectations by 1.6%, with revenues of $1.53 billion, down 10.5% year on year. Analysts expect revenue to decline 8.6% to $1.60 billion this quarter, with adjusted earnings of $1.49 per share. KB Home has only missed revenue estimates once in the last two years. Peers like Lennar and FedEx have already reported Q3 results, with Lennar down 4.3% and FedEx up 2.2%. KB Home is down 2.1% heading into earnings, with an average analyst price target of $64.17.

Investors anticipate KB Home’s earnings report after the company beat revenue expectations last quarter. Analysts expect a decline in revenue and adjusted earnings for this quarter. Peers like Lennar and FedEx have already reported Q3 results, providing insight into what to expect. KB Home is down 2.1% heading into earnings, with an average analyst price target of $64.17.

Read more at Barchart: What To Expect From KB Home’s (KBH) Q3 Earnings