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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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KB Home (KBH) delivered earnings and revenue surprises of 17.77% and 7.12%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

KB Home (KBH) Q2 Earnings and Revenues Surpass Estimates

Now that the Fed has been cranking borrowing rates in an attempt to bring inflation down, it has landed homebuilders in a unique situation.

KB Home Q2 Earnings Preview: What Can Be Expected?

KB Home (NYSE: KBH) reported second-quarter revenue growth of 19% year-over-year to $1.72 billion, beating the consensus of $1.63 billion. EPS grew 55% Y/Y to $1.32, beating the consensus of $2.01.

KB Home Shares Gain On Better Than Expected Q2 Results

KB Home Inc. late Wednesday beat Wall Street expectations for its second quarter, but said that its sales pace slackened as buyers faced higher mortgage interest rates and inflation.

KB Home says sales slowing as buyers face inflation, higher mortgage rates

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home Reports 2022 Second Quarter Results

KB Home Reports 2022 Second Quarter Results

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Shares of home builders got a broad lift in morning trading Tuesday, as data on existing home sales assuaged some investor fears, for now, by meeting expectations. The iShares U.S. Home Construction ETF ETF, rallied 2.7% in morning trading, after being up about 1.4% just prior to the release of the data, while the Dow Jones Industrial Average DJIA, +1.74% rose 565 points, or 1.9%.

Home builder stocks enjoy a broad lift after housing data

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The three major U.S. equity indexes closed mixed Friday with the Dow Jones industrials closing down about 0.1%, while the S&P 500 closed up 0.2% and the Nasdaq closed up 1.4%.

Earnings Previews: Darden Restaurants, KB Home, Rite Aid, Winnebago

KB Home's (KBH) fiscal Q2 performance will likely benefit from a returns-focused growth plan and a Built-to-Order approach.

Return-Focused Growth Plan to Aid KB Home's (KBH) Q2 Earnings

SPRING VALLEY, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of Crestline, a new-home community in Spring Valley, California.

KB Home Announces the Grand Opening of Crestline, a New-Home Community in Spring Valley, California

On Thursday, June 16, home builders' stocks dropped markedly after data came in lower for May by 14.4%. Currently, the.

Home builder stock slump as U.S. housing starts falling faster than expected

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Share of home builders were broadly lower Thursday, after data showing that U.S. housing starts fell a lot more than expected in May. The iShares U.S. Home Construction ETF ITB, -0.26% sank 2.0% in premarket trading, putting it on track for a near two-year low, as futures ES00, -1.76% for the S&P 500 SPX, +1.46% shed 1.7%.

Home builder stocks hit hard after disappointing housing starts data

Compass

Shares of homebuilders traded broadly lower Tuesday, after two real estate companies announced job cuts, another sign suggesting the housing market has slowed. The iShares U.S. Home Construction ETF ITB, -0.86% slumped 0.9%, putting it on track to close at the lowest price since Nov. 9, 2020.

Homebuilder stocks trade broadly lower, in wake of job cuts from Redfin and Compass

LOS ANGELES--(BUSINESS WIRE)---- $KBH #earnings--KB Home (NYSE: KBH) today announced that it will release earnings for its second quarter ended May 31, 2022 after the market closes on Wednesday, June 22, 2022. A live webcast of the Company's earnings conference call will be held the same day at 2:00 p.m. Pacific Time, 5:00 p.m. Eastern Time. To listen to the call, go to the Investor Relations section of the KB Home website at www.kbhome.com and select the Second Quarter Earnings Conference Call link in the Events

KB Home to Release 2022 Second Quarter Earnings on June 22, 2022

LOS ANGELES--(BUSINESS WIRE)---- $KBH #pricing--KB Home (NYSE: KBH) today announced that it has priced an offering of $350.0 million in aggregate principal amount of its 7.25% senior unsecured notes due 2030. The offering is being made under an existing shelf registration statement that KB Home previously filed with the Securities and Exchange Commission (“SEC”). The senior notes due 2030 will bear interest at a rate of 7.25% per annum and will be issued at a public offering price of 100.00%. The senior notes wi

KB Home Announces Pricing of Senior Notes Due 2030

LOS ANGELES--(BUSINESS WIRE)---- $KBH #PublicOffering--KB Home (NYSE: KBH) today announced that it has commenced a public offering of $350.0 million in aggregate principal amount of senior unsecured notes due 2030. Citigroup Global Markets Inc., BofA Securities, Inc., BNP Paribas Securities Corp., Fifth Third Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, are acting as book-running managers for this offering. The senior notes will be guaranteed on an unsecured basis by KB Home's subsidiar

KB Home Announces Public Offering of Senior Notes

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LAS VEGAS--(BUSINESS WIRE)--KB Home announces the grand opening of Gilmore Grove, its latest gated community in Northwest Las Vegas.

KB Home Announces the Grand Opening of Gilmore Grove, Its Latest Gated Community in Northwest Las Vegas

LAS VEGAS--(BUSINESS WIRE)--KB Home announces the grand opening of Copper Ranch, a gated community in highly desirable Southwest Las Vegas.

KB Home Announces the Grand Opening of Copper Ranch, a Gated Community in Highly Desirable Southwest Las Vegas

SPDR S&P Homebuilders ETF

The home builder sector was suffering a unanimous selloff in morning trading Tuesday, after data showing new home sales surprisingly fell in April, and sharply, amid high prices, rising mortgage rates and low supply. The iShares U.S. Home Construction ETF ITB, -3.76% sank 3.4%, with all 47 equity components losing ground, while the SPDR S&P Homebuilders ETF XHB, -3.67% dove 3.4% with all 35 components falling, to underperform the S&P 500's SPX, -2.09% 2.1% slide.

Home builder stocks suffer unanimous selloff after disappointing new home sales data

In this article, I start by discussing the U.S. housing market based on demand and supply. It's a tricky situation with significant affordability risks. So far, KB Home is doing tremendously well thanks to pricing and strong demand. However, its stock price has incorporated a lot of (expected) weakness.

What KB Home Investors Need To Know

VALENCIA, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of three new-home communities in the highly desirable and thriving Valencia master plan.

KB Home Announces the Grand Opening of Three New-home Communities in the Highly Desirable and Thriving Valencia Master Plan

VISTA, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of Silverado, a new-home community in Vista, California.

KB Home Announces the Grand Opening of Silverado, a New-Home Community in Vista, California

HAYWARD, Calif.--(BUSINESS WIRE)--KB Home announces the grand opening of Atlas at Mission Village, a new-home community in Hayward, California.

KB Home Announces the Grand Opening of Atlas at Mission Village, a New-Home Community in Hayward, California

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