KB Home (KBH) Receives Wall Street Praise Following Strong Q2, Backlog
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Go back to KB Home (KBH) Receives Wall Street Praise Following Strong Q2, Backlog
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
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
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
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...
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