KB Home (NYSE:KBH ) Q2 2024 Earnings Conference Call June 18, 2024 5:00 PM ET Company Participants Jill Peters - Senior Vice President of Investor Relations Jeffrey Mezger - Chairman and Chief Executive Officer Robert McGibney - President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Stephen Kim - Evercore ISI Michael Rehaut - JPMorgan Chase & Co. Anika Dholakia - Barclays Alan Ratner - Zelman & Associates Susan Maklari - Goldman Sachs Group, Inc. Jay McCanless - Wedbush Securities Operator Good afternoon. My name is John, and I'll be your conference operator today.
Although the revenue and EPS for KB Home (KBH) give a sense of how its business performed in the quarter ended May 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 $2.15 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.94 per share a year ago.
With U.S. stock futures trading mixed this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
KB Home KBH will release earnings results for its second quarter, after the closing bell on Tuesday.
In a holiday-shortened week, investors will be watching comments from Federal Reserve representatives and data from several economic releases that could help show whether inflation is likely to continue its downward path. Markets are closed on Wednesday for the Juneteenth national holiday.
KB Home's (KBH) second-quarter fiscal 2024 results are likely to have been hurt by dismal Housing revenues primarily due to decline in deliveries.
KB Home KBH is set to release second-quarter financial results, after the closing bell on Tuesday.
KB Home (KBH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for KB Home (KBH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended May 2024.
KB Home (KBH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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