KB Home: Q4 Earnings Insights
Shares of KB Home (NYSE:KBH) rose 1.3% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were down 14.50% over the past year to $1.12, which beat the estimate of $0.93.
Revenue of $1,194,000,000 decreased by 23.41% from the same period last year, which beat the estimate of $1,140,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
KB Home hasn't issued any revenue guidance for the time being.
How To Listen To The Conference Call
Date: Jan 12, 2021
Time: 05:00 PM
Technicals
52-week high: $42.20
52-week low: $9.82
Price action over last quarter: down 8.81%
Company Description
KB Home is an American construction company that focuses on residential construction. The company builds single-family homes and communities across Arizona, California, Colorado, Florida, Nevada, Texas, North Carolina, and the Washington, D.C., area. KB Home operates in over several markets and focuses on first-time and move-up homebuyers. The company follows a built-to-order model that offers personalized homes at attainable prices based on market location. The company also invests in land acquisition and development to support future building activities.
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