KB Home (KBH) Receives Wall Street Praise Following Strong Q2, Backlog

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KB Home (KBH) PT Lowered to $24 at Wolfe Research

June 23, 2022 4:00 AM EDT

Wolfe Research analyst Truman Patterson lowered the price target on KB Home (NYSE: KBH) to $24.00 (from $28.00) while maintaining a Underperform rating.... More

KB Home (KBH) PT Raised to $50 at Evercore ISI

June 23, 2022 3:46 AM EDT

Evercore ISI analyst Stephen Kim raised the price target on KB Home (NYSE: KBH) to $50.00 (from $46.00) while maintaining a Outperform rating.... More

KB Home (KBH) Reports Q2 Earnings Beat and Reaffirms Outlook, Shares Up 2%

June 22, 2022 4:48 PM EDT

KB Home (NYSE: KBH) shares were trading more than 2% higher after-hours following the homebuilder's Q2 results, with EPS of $2.32 coming in better than the consensus estimate of $2.00. Revenue grew 19% year-over-year to $1.72 billion, beating the consensus estimate of $1.61 billion.

Ending backlog value increased 43% year-over-year to... More

KB Home (KBH) Tops Q2 EPS by 32c, Offers Guidance

June 22, 2022 4:11 PM EDT

(Updated - June 22, 2022 4:12 PM EDT)

KB Home (NYSE: KBH) reported Q2 EPS of $2.32, $0.32 better than the analyst estimate of $2.00. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.61 billion.

Backlog and Net Orders (comparisons on a year-over-year basis)

Ending backlog value grew 43% to $6.12 billion, the highest... More