The analyst, who raised his price target for the stock, tells Yahoo Finance the company indicated on its earnings call that the quarter saw a"rocky start, but it sounded like the finish in the quarter was pretty good," contributing to the mixed report.
Um, I think part of that was, was pretty, pretty big competition, uh, on pricing the first two months of the border. But as we continue to expect mortgage rates to trickle lower as the Feds began its easing cycle, how might that pass through to KB homes?So I and I, I think you, you, yeah, you, you summarized where, where we are in the market very well right now because it seems like there are pockets of strong demand, there are also pockets of weak demand.
Um, you know, I think the other thing that, that is gonna be A for KB and the rest of the group is that buyers are buyers are responding to it. Do you Jake Gi give us a better sense of what demand is going to look like because it does look like that.I was going through the earnings call here from executives iii I guess given that volatility, then what is that likely going to do to margins?Um, I think the company's outlook for demand, they're expecting revenues to move all the way up to 7.5 billion, uh, for fiscal 25 which that's a November fiscal for them.
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