KB Home (KBH, Financial) is set to release its Q3 2024 earnings on Sep 24, 2024. The consensus estimate for Q3 2024 revenue is $1.73 billion, and the earnings are expected to come in at $2.02 per share. The full year 2024's revenue is expected to be $6.83 billion and the earnings are expected to be $8.25 per share. More detailed estimate data can be found on the Forecast page.
KB Home (KBH, Financial) Estimates Trends
Over the past 90 days, revenue estimates for KB Home (KBH) have seen a slight adjustment with the full year 2024 forecast decreasing from $6.83 billion to $6.83 billion, and the 2025 forecast decreasing from $7.17 billion to $7.16 billion. On the earnings front, estimates have improved, with the full year 2024 forecast increasing from $8.17 per share to $8.25 per share, and the 2025 forecast increasing from $8.72 per share to $8.80 per share.
KB Home (KBH, Financial) Reported History
In the previous quarter of May 31, 2024, KB Home's (KBH) actual revenue was $1.71 billion, which beat analysts' revenue expectations of $1.65 billion by 3.56%. KB Home's (KBH) actual earnings were $2.15 per share, which beat analysts' earnings expectations of $1.78 per share by 20.58%. After releasing the results, KB Home (KBH) was up by 2.85% in one day.
KB Home (KBH, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 12 analysts, the average target price for KB Home (KBH) is $78.17 with a high estimate of $90 and a low estimate of $65. The average target implies a downside of -10.39% from the current price of $87.23.
Based on GuruFocus estimates, the estimated GF Value for KB Home (KBH, Financial) in one year is $57.43, suggesting a downside of -34.16% from the current price of $87.23.
Based on the consensus recommendation from 16 brokerage firms, KB Home's (KBH, Financial) average brokerage recommendation is currently 3.0, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
