KB Home Q1 EPS $1.76 Beats $1.57 Estimate, Sales $1.47B Beat $1.46B Estimate
Portfolio Pulse from Benzinga Newsdesk
KB Home (NYSE:KBH) reported Q1 earnings of $1.76 per share, surpassing the $1.57 estimate, marking a 21.38% increase from last year. Sales reached $1.47B, exceeding the $1.46B estimate, up 5.97% from the previous year.
March 20, 2024 | 8:11 pm
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KB Home reported a significant beat on both earnings and sales estimates for Q1, with earnings per share at $1.76 and sales at $1.47B.
KB Home's earnings and sales beat are significant indicators of the company's strong performance and growth, likely leading to positive investor sentiment and a potential increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100