KB Home

KB Home engages in selling and building a variety of new homes. It builds various types of homes, including attached and detached single-family homes, townhomes, and condominiums. The firm operates through the following segments: West Coast, Southwest, Central, and Southeast. It offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. The company was founded in 1957 and is headquartered in Los Angeles, CA.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Earnings data Q3 2023

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Earnings data Q3 2024

Earnings data Q4 2024

KB Home reports robust 2022 performance amidst challenges and opportunities

KB Home's strong financial performance in 2022 was accompanied by challenges like supply chain issues and lower net orders in the fourth quarter.
Efforts to reduce construction costs and protect backlog margins are key strategies to manage costs effectively and enhance operational efficiency.
Strategic pricing adjustments and a focus on maintaining gross margins amidst market challenges position KB Home for future growth and profitability.
With a robust backlog and opportunities for operational improvements, KB Home is poised to navigate challenges and capitalize on market opportunities in '23.

KB Home reports resilient Q1 results, eyes strategic growth

KB Home's Q1 performance reflects resilience with strong financial results and strategic market expansion.
Challenges include monitoring mortgage rate impacts and consumer behavior amidst economic changes.
Opportunities lie in cash flow optimization, selective land deals, and leveraging mortgage rate buy downs.
Overall, KB Home maintains a positive outlook for sales and profitability in the coming quarters.

KB Home surpasses Q2 expectations, eyes growth opportunities in '24

KB Home delivered a strong performance in Q2, exceeding revenue guidance and showcasing financial discipline and prudent management practices.
While facing challenges related to demand fluctuations and capital allocation, the company is well-positioned to capitalize on growth opportunities in '24.
With a focus on cost savings, energy efficiency, and strategic expansion efforts, KB Home aims to drive continued success and market leadership.
Anticipated improvements in sales pace, community count growth, and optimized asset utilization signal a positive outlook for KB Home's future performance.

KB Home exceeds Q3 targets, eyes growth amid supply challenges

KB Home's Q3 earnings call highlighted strong performance, solid financial position, and strategic focus on growth. Despite challenges in supply conditions, the company aims to capitalize on opportunities in the housing market and maintain momentum for a strong fourth quarter.

KB Home surpasses Q4 expectations, eyes growth amid improving market

KB Home had a robust Q4 performance, exceeding expectations with strong revenues and earnings. The company is optimistic about market recovery and potential margin improvement as mortgage rates decline. By focusing on built-to-order homes, managing costs, and responding to market demand, KB Home aims to sustain growth and shareholder value in 2024.

KB Home reports robust Q1 performance amidst market challenges

KB Home's Q1 2024 performance reflects strong revenue growth, operational efficiency, and strategic acceleration of starts.
Challenges include forecasting uncertainties, inflation impact on costs, and competitive land market conditions.
Opportunities lie in sustained performance, market dynamics, operational efficiencies, and flexible market targeting strategies.
Overall, KB Home's focus on growth, returns, and shareholder value positions it well for future success in the housing market.

KB Home Exceeds Q2 Expectations, Strong Growth Ahead

KB Home demonstrated a strong performance in Q2 2024, overcoming market volatility with significant revenue growth, stable margins, and strategic capital allocation. The company's focus on shareholder returns and robust operational metrics positions it well for sustained growth amid fluctuating market conditions.

KB Home reports robust Q3 earnings, eyes growth and efficiency

KB Home's Q3 performance reflects solid financial results, strong demand, and strategic investments in growth and operational efficiency.
The company's strengths in revenue projections, cost management, and customer focus position it well for future growth and profitability.
While facing challenges related to market dynamics and cost pressures, KB Home has opportunities to capitalize on market trends and enhance operational effectiveness for sustained success.

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AURORA, Colo.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the debut of its model homes at Sky Ranch Villas, a new community in Aurora, Colorado.

KB Home Announces the Debut of Its Model Homes at Sky Ranch Villas, a New Community in Aurora, Colorado

HOMELAND, Calif.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of Lilac at its popular Countryview master plan in Riverside, County.

KB Home Announces the Grand Opening of Lilac at Its Popular Countryview Master Plan in Riverside County

LAS VEGAS--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of Belcarra, a gated, new-home community in highly desirable southwest Las Vegas.

KB Home Announces the Grand Opening of Belcarra, a Gated, New-Home Community in Highly Desirable Southwest Las Vegas

Abercrombie & Fitch

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Stocks to sell is a necessary discussion. Although it may feel good to remain loyal to an organization in the hopes of a substantial turnaround, it's time to let go of some of the weaker entities.

7 Stocks to Sell in October

MARANA, Ariz.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home (NYSE: KBH) today announced the grand opening of The Legends, a new-home community situated within the popular Gladden Farms master plan in Marana, Arizona. The neighborhood is located just north of West Tangerine Road near Interstate 10, providing easy access to Tucson's major employment centers as well as shopping, dining and entertainment at the Tucson Premium Outlets® and The Ritz-Carlton, Dove Mountain. The master-planned community boasts numerous am

KB Home Announces the Grand Opening of The Legends, a New-Home Community Within the Highly Desirable Gladden Farms Master Plan in Marana, Arizona

Homebuilders face the challenge of rising rates.

Bear of the Day: KB Home (KBH)

While higher interest rates are slowing the housing market, pushing investors to avoid the sector, value can be found in beaten-up names. KB Home trades a 3x multiple and a discount to book value even as it generates strong profits and repurchases stock.

KB Home Is A Compelling Opportunity Even In A Slowing House Market

D.R. Horton

Lennar

Toll Brothers

New homes sales surprisingly rise in August and home prices fall. However, rising rates pose concerns for stocks like KBH, LEN, DHI and TOL.

New Home Sales Soar, Price Falls: Is Housing Mayhem Over?

LAS VEGAS--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home (NYSE: KBH) today announced the grand opening of Landings and Reserves at Saguaro North, two new-home communities in highly desirable southwest Las Vegas. The two collections of new homes are situated in a gated community on West Frias Avenue near Blue Diamond Road and Interstate 15, providing easy access to the Las Vegas Strip, the area's major employment centers and Harry Reid International Airport. Landings and Reserves at Saguaro North are also just minut

KB Home Announces the Grand Opening of Saguaro North, Which Features Two New-Home Communities in Highly Desirable Southwest Las Vegas

SPDR S&P Homebuilders ETF

PulteGroup

Shares of companies in the real estate services and home building space backed way off their intraday highs on Tuesday, as another surge in Treasury yields to a more-than decade high took the early shine off surprisingly strong economic data.

Housing market stocks give up gains as another jump in bond yields takes shine off strong data

Despite the third quarter earnings beat, the company's lower guidance is cause for concern with the housing market suffering as interest rates rise.

What Should Investors Do with KB Home as the Stock Slides After Earnings?

Rising rates and affordability issues are potent headwinds for KB Home (KBH).

KB Home (KBH) Down 29.2% YTD: Lower Orders & Higher Rates Ail

Beazer Homes USA

Well, folks, the talk of the week has certainly been about the Federal Open Market Committee (FOMC) meeting this past Wednesday. As we talked about on Thursday, the Federal Reserve voted unanimously to raise key interest rates by 75 basis points for the third-straight time.

Interest Rate Hike Hurts Homebuilders

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of Copper Ridge, a new-home community in Jacksonville, Florida.

KB Home Announces the Grand Opening of Copper Ridge, a New-Home Community in Jacksonville, Florida

MADERA, Calif.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of Bristol, a new-home community situated within the award-winning Tesoro Viejo master plan in Madera, California.

KB Home Announces the Grand Opening of Bristol, a New-Home Community Situated Within the Award-Winning Tesoro Viejo Master Plan in Madera, California

MONROE, Wash.--(BUSINESS WIRE)-- #BuiltOnRelationships--KB Home announces the grand opening of Woods Creek Highlands, its latest new-home community in Monroe, Washington.

KB Home Announces the Grand Opening of Woods Creek Highlands, Its Latest New-Home Community in Monroe, Washington

KB Home's (KBH) fiscal Q3 results reflect increased demand and pricing.

KB Home (KBH) Q3 Earnings Beat, Margins Up Y/Y, Q4 Views Strong

Homebuilders Lennar (NYSE: LEN ) and KB Home (NYSE: KBH ) both reported stronger-than-expected quarterly profits yesterday after the market closed. However, elements of both companies' results indicate that the growth of the housing market is, as many had expected, slowing tremendously due to rising interest rates.

LEN, KBH Stocks in Focus as Housing Market Recession Looms

The Golden Age of Homebuilding is over, killed by the FOMC and their aggressive rate hikes, and a correction is coming that could shave 10% off the market.

Is The Golden Age Of Homebuilding Already Over?

Investors are still hopeful for a reprieve, but macroeconomic impacts could be big headwinds to growth.

The Fed Could Crush This Industry, and These 2 Stocks Are Feeling the Pressure

Traders will be listening to a second day of testimony from bank CEOs on Capitol Hill as well as new data on jobless claims that could be evidence of a cooling labor market.

Jobless claims, KB Home shares fall and more: Thursday's 5 things to know

KB Home (NYSE:KBH ) Q3 2022 Results Conference Call September 21, 2022 5:00 PM ET Company Participants Jill Peters - Head of Investor Relations Jeff Mezger - Chairman, President and Chief Executive Officer Rob McGibney - Executive Vice President and Chief Operating Officer Jeff Kaminski - Executive Vice President and Chief Financial Officer Bill Hollinger - Senior Vice President and Chief Accounting Officer Thad Johnson - Senior Vice President and Treasurer Conference Call Participants John Lovallo - UBS Stephen Kim - Evercore ISI Matthew Bouley - Barclays Alan Ratner - Zelman & Associates Michael Rehaut - JPMorgan Susan Maklari - Goldman Sachs Mike Dahl - RBC Capital Markets Truman Patterson - Wolfe Research Deepa Raghavan - Wells Fargo Securities Operator Good afternoon. My name is Alex, and I will be your conference operator today.

KB Home (KBH) Q3 2022 Earnings Call Transcript

KB Home (KBH) delivered earnings and revenue surprises of 6.32% and 0.83%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

KB Home (KBH) Beats Q3 Earnings Estimates

Lennar and KB Home earnings topped views amid mixed results late Wednesday, but the builders warned of more pain for the housing market. The post Lennar, KB Home Earnings Beat But More Pain Ahead For Housing Market appeared first on Investor's Business Daily.

Lennar, KB Home Earnings Beat But More Pain Ahead For Housing Market

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2022. “KB Home achieved record third quarter financial results, with substantial year-over-year growth in revenues, margins and diluted earnings per share,” said Jeffrey Mezger, Chairman, President and Chief Executive Officer. “Although we experienced a shortfall in deliveries relative to our expectation due to extended build times and ongoing supply chain constraints, which will also

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