KB Home (NYSE: KBH ) is off another 0.3% in the premarket after yesterday's post-earnings 5.3% decline as RBC Capital pulls its Outperform
Russell 2000 index of small-cap companies also gained, after forming a so-called death cross in recent sessions. KB Home fell 5.3% after reporting quarterly earnings and sales that fell well short of expectations; the results held down
print is 33% higher than August one year ago. Also ignoring the volatile number and instead focusing on weak results from KB Home , the ITB is lower by 0.8% . The 10-year Treasury yield has actually dropped nearly two basis points since the print
mostly higher, while Asian markets ended mixed. Look for early weakness in homebuilder shares after KB Home reported a disappointing quarter; KBH -7% premarket, with peers Pulte and DR Horton each down ~2%. New home sales data for August is
rose 9%. Total net order value climbed 19% to $629.2M, up from $528.9M in the year-earlier quarter. Backlog of 3,432 homes up 13% Y/Y. Backlog value of $1.1B up 37%. FQ3 results KBH -6.5% premarket Post your comment!
KB Home (NYSE: KBH ): FQ3 EPS of $0.28 misses by $0.12 . Revenue of $589.2M (+7.3% Y/Y) misses by $57.56M . Shares -2.8% PM. Press Release Post your comment!
Michael Wolcott : Investment Thesis KB Home (NYSE: KBH ) Management stated in their Q2 earnings ..... a current P/TangBV of 2.2x, KBH looks expensive at first glance ..... of the valuation allowance in Q4, KBH will trade at a projected P/TangBV
Pulte ( PHM +3.8% ), Toll Bros. ( TOL +3.2% ), D.R. Horton ( DHI +4% ), Hovnanian ( HOV +5.8% ), KB Home ( KBH +4.4% ), Comstock ( CHCI +4.2% ), Standard Pacific ( SPF +3.8% ). Post your comment!
deliveries. ITB -0.8% , XHB -0.5% . Individual names: Hovnanian ( HOV -0.9% ), Lennar ( LEN -1.5% ), KB Home ( KBH -1.8% ), PulteGroup ( PHM -1.4% ), D.R. Horton ( DHI -1.1% ), Ryland ( RYL -1.5% ), NVR ( NVR
KB Home ( KBH -0.7% ) has announced plans to build 86 new homes at Pinery West, its newest community in the Denver-area. Homes in the