KB Home Raises FY23 Housing Revenues Outlook From $5.80B-$6.20B To $6.31B
Portfolio Pulse from Benzinga Newsdesk
KB Home has increased its FY23 housing revenues outlook from $5.80 billion-$6.20 billion to $6.31 billion.
September 20, 2023 | 8:15 pm
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POSITIVE IMPACT
KB Home's raised FY23 housing revenues outlook could potentially lead to a positive impact on its stock price.
Companies that raise their revenue outlooks are often viewed positively by investors as it indicates strong business performance and growth potential. This could lead to increased demand for KB Home's stock, potentially driving up its price in the short term.
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