- KB Home’s Earnings Per Share (EPS): $2.04, missing the estimate of $2.06
- Year-Over-Year (YoY) Comparison: EPS improved from $1.80 YoY
- Deliveries: 3,631 homes, a 7.6% increase YoY, exceeding the estimate of 3,569
- Revenue: $1.75 billion, a 10% increase YoY, beating the estimate of $1.73 billion
- Housing Revenue: $1.75 billion, up 11% YoY, surpassing the estimate of $1.72 billion
- Housing Gross Margin: 20.6%, slightly down from 21.5% YoY
- Net Orders: 3,085, a slight decline of 0.4% YoY, below the estimate of 3,345
- Backlog: 5,724 homes, an 18% decrease YoY, short of the estimate of 6,046 homes
- Backlog Value: $2.92 billion, a 14% drop YoY, lower than the estimate of $3.06 billion
- Average Selling Price: $0.48 million, a 3.1% increase YoY, matching the estimate
- Adjusted Housing Gross Margin: 20.7%, compared to 21.5% YoY
- Analyst Recommendations: 4 buys, 9 holds, and 4 sells
A look at Kb Home Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
KB Home, a company that builds single-family homes in the United States, is poised for a promising future based on the Smartkarma Smart Scores. With a strong score in Growth and Value, KB Home is positioned to expand and increase its worth over the long term. The high Momentum score suggests that the company is steadily gaining traction in the market, indicating positive market sentiment towards its prospects. Additionally, its solid Resilience score implies that KB Home has the capacity to withstand economic fluctuations and challenges, providing a stable base for future growth.
Kb Home‘s outlook is further enhanced by its strong positioning in the market, offering homes to a specific niche of first-time and first move-up homebuyers. The company’s diverse operating divisions across multiple states in the U.S. provide it with a wide market reach and potential for continued growth. Although the Dividend score is not as high, the comprehensive suite of services offered by KB Home, including mortgage banking, title, and insurance services, adds an additional layer of income diversification to support its long-term sustainability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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