|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.63 - 35.24|
|52 Week Range||15.88 - 38.80|
|PE Ratio (TTM)||18.91|
|Forward Dividend & Yield||0.10 (0.28%)|
|1y Target Est||N/A|
Categories: Yahoo FinanceGet free summary analysis KB Home reports financial results for the quarter ended November 29, 2017. Highlights Summary numbers: Revenues of USD 1,403.14 million, Net Earnings of USD 50.21 million. Gross margins widened from 12.82% to 13.47% compared to the same period last year, operating (EBITDA) margins now 5.63% from 4.51%. Change in operating cash ... Read more (Read more...)
The upcoming construction sector earnings results are expected to benefit from economic growth, the labor market, higher demand, tighter inventories and rising home prices. After the solid 3.1% economic growth in the in the July-September quarter, the world’s largest economy is expected to have advanced 3.3% in the fourth quarter of 2017, per the latest Atlanta Fed’s real-time Q4 GDP growth estimate. Overall, 2017 was a great year for the construction sector.
As we enter the Q4 reporting cycle, looking for stocks having unswerving earnings growth is the highest priority for astute investors. If the company doesn’t make money, it won’t last over the long haul. Consider a company’s revenues over a given period of time, subtract the cost of production and you have earnings.
KB Home (NYSE: KBH ) was downgraded by Buckingham Research Group Friday, with an analyst saying the homebuilder's share price "is ahead of itself." The Analyst Buckingham's Mark Weintraub downgraded ...
Zacks.com featured highlights include: KB Home, Target, Skechers U.S.A., Lithia Motors, Walgreens Boots and Huntington Ingalls
Stocks soared on Thursday thanks to the largest gain by transportation stocks since 2001 and a rally in Treasury bonds as fears China could slow its bond purchases — the reason for some market unpleasantness earlier in the week — faded away after officials essentially labeled the report fake news.
Shares of KB Home (KBH) surged over 12.40% on Thursday to hit a new 52-week high after the company reported impressive fourth-quarter and full-year results on Wednesday. This climb is part of a strong run that might make investors take a look at why the home building power is currently a Zacks Rank #1 (Strong Buy).
Shares of KB Home (KBH) have risen 11% today, to $38.18, after the Los Angeles-based homebuilder reported solid gains in the last quarter of its November 2017 fiscal year. The economy’s strength should drive housing demand in 2018, said chief executive Jeffrey Mezger in the earnings announcement. For the entire fiscal year ended November, the homebuilder grew revenue 22% to $4.37 billion, yielding profits of $181 million, or $1.85 a share, up from $1.12 in the 2016 fiscal year.
KB Home continues to torch the bears, rallying more than 10% Thursday. Shares are now up more than 130% over the past year.