KB Home Q3 Earnings Preview: Analysts Anticipate Revenue Growth — Will Investors Hear About Rate Cuts, 2024 Election?
Portfolio Pulse from Chris Katje
KB Home (NYSE:KBH) is set to report its Q3 earnings, with analysts expecting revenue growth and increased earnings per share. The company has a strong track record of beating estimates. Recent analyst ratings show mixed sentiments, with some raising price targets. The report will be closely watched for insights on the impact of Federal Reserve rate cuts and the upcoming 2024 election on the housing market.
September 23, 2024 | 7:43 pm
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KB Home is expected to report Q3 earnings with anticipated revenue growth and increased EPS. The company has consistently beaten estimates, and recent analyst ratings show mixed views. The impact of Fed rate cuts and the 2024 election on the housing market will be key points to watch.
KB Home has a strong track record of beating earnings estimates, which is likely to positively influence its stock price. The anticipation of Federal Reserve rate cuts could further boost demand in the housing market, benefiting KB Home. Additionally, the upcoming 2024 election and potential housing policies could impact the company's future performance.
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