KBH - KB Home Analysts Boost Their Forecasts After Upbeat Q2 Results | Benzinga
KB Home (NYSE:KBH) posted better-than-expected earnings and sales results for its second quarter on Tuesday.
KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro.
KB Home said homes delivered were 3,523, compared to 3,666 year-over-year, and the average selling price increased to $483,000, up from $479,500.
"We produced solid results in our 2024 second quarter, with our key metrics above ...