Earnings Outlook For KB Home
Portfolio Pulse from Benzinga Insights
KB Home (NYSE:KBH) is set to release its latest quarterly earnings report on September 20, 2023. Analysts estimate an earnings per share (EPS) of $1.44. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. KB Home's shares were trading at $48.29 as of September 18, with a 72.23% increase over the last 52-week period.
September 19, 2023 | 2:00 pm
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KB Home is expected to report an EPS of $1.44 for Q3 2023. Despite beating EPS estimates in the past, the company's share price has typically dropped the following day. The stock is currently trading at $48.29, up 72.23% over the last 52 weeks.
KB Home has a history of beating EPS estimates but experiencing a drop in share price the following day. This pattern, combined with the current positive trend in the stock's price, suggests that the upcoming earnings report may not have a significant impact on the stock's short-term price.
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