KB Home Shares Climb On Q2 Earnings Beat, Strong Guidance
Portfolio Pulse from Adam Eckert
KB Home (NYSE:KBH) reported Q2 revenue of $1.77 billion, beating the consensus estimate of $1.42 billion, and earnings of $1.94 per share, surpassing analyst estimates of $1.34 per share. The company expects full-year housing revenues to be between $5.8 billion and $6.2 billion, higher than estimates of $5.5 billion.
June 21, 2023 | 8:23 pm
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KB Home's Q2 earnings and revenue beat estimates, with strong guidance for full-year housing revenues.
KB Home reported better-than-expected Q2 earnings and revenue, along with strong guidance for full-year housing revenues. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100