KBH's fiscal fourth-quarter results reflect higher earnings, revenues, strong order book and expanded community count despite challenges.
KB Home (NYSE:KBH) stock is up 6.1% at $67.98 at last glance, after the homebuilder forecasted higher housing revenue in 2025.
KB Home (NYSE:KBH ) Q4 2024 Earnings Conference Call January 13, 2025 5:00 PM ET Company Participants Jill Peters - SVP of IR Jeffrey Mezger - Chairman and CEO Robert McGibney - President and COO Jeff Kaminski - EVP and CFO Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Matthew Bouley - Barclays Michael Rehaut - JPMorgan Alan Ratner - Zelman & Associates Michael Dahl - RBC Capital Markets Operator Good afternoon. My name is John and I will be your conference operator today.
Markets are down over the past month of trading, but still up nicely over the past six months.
Although the revenue and EPS for KB Home (KBH) give a sense of how its business performed in the quarter ended November 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
KB Home (KBH) came out with quarterly earnings of $2.52 per share, beating the Zacks Consensus Estimate of $2.45 per share. This compares to earnings of $1.85 per share a year ago.
KB Home (KBH) ticked higher after reporting an earnings beat. It comes as the homebuilder industry faces numerous setbacks from decreasing sales to a barrage of downgrades and price target cuts.
KB Home (KBH) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
KBH's fourth-quarter fiscal 2024 results are likely to benefit from macro tailwinds amid high costs. Dive in to get a better picture of the stock ahead of earnings.
Beyond analysts' top -and-bottom-line estimates for KB Home (KBH), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2024.
KB Home KBH will release earnings for its fourth quarter, after the closing bell on Thursday, Jan. 9.
KB Home KBH will release earnings for its fourth quarter, after the closing bell on Thursday, Jan. 9.