KB Home (NYSE: KBH) reported Q2 EPS of $1.50, $0.04 better than the analyst estimate of $1.46. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.5 billion.

GUIDANCE:

KB Home sees FY2025 revenue of $6.3-6.5 billion.

• Average selling price in the range of $480,000 to $490,000.
• Homebuilding operating income as a percentage of revenues in the range of 8.6% to 9.0%, assuming no inventory-related charges.
• Housing gross profit margin in the range of 19.0% to 19.4%, assuming no inventory-related charges.
• Selling, general and administrative expenses as a percentage of housing revenues in the range of 10.2% to 10.6%.
• Effective tax rate of approximately 24%.
• Ending community count of approximately 250.

The Company plans to also provide guidance for its 2025 third quarter on its conference call today.

For earnings history and earnings-related data on KB Home (KBH) click here.