KB Home stock slides on earnings miss

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KB Home समाचार

Consensus Estimate,Julie Hyman,Josh Lipton

KB Home (KBH) posted mixed fiscal third quarter results. The homebuilder reported earnings of $2.04 per share, which was short of the Bloomberg consensus...

) posted mixed fiscal third quarter results. The homebuilder reported earnings of $2.04 per share, which was short of the Bloomberg consensus estimate of $2.06. Revenue was $1.75 billion, just beating Wall Street's estimate of $1.73 billion. Deliveries were better than expected, 3,631 versus the estimate of 3,569. KB Home also raised its full year housing revenue to a range of $6.85 billion to $6.95 billion. It had been $6.7 billion to $6.9 billion.Revenue 1751.75 billion versus 1.

There were softening in late June through July as quote buyers continued to evaluate elevated mortgage interest rates and general economic concerns were rising. So if people are concerned about the bottom line, maybe they see that spending, and they just want to keep a close eye on it.Uh, you know, Jay covers the name I. I wanna check out his earnings preview.Uh, he was telling them, Listen in terms of broad things to listen for.

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