KBH - KB Home Likely To Report Lower Q2 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts | Benzinga
KB Home (NYSE:KBH) will release earnings results for its second quarter, after the closing bell on Tuesday.
Analysts expect the Los Angeles, California-based company to report a quarterly earnings at $1.80 per share, down from $1.94 per share in the year-ago period. KB Home is projected to post quarterly revenue of $1.65 billion, according to data from Benzinga Pro.
On April 18, KB Home's board of directors authorized the repurchase of up to $1 billion of the company’s outstanding common stock. The board also approved an increase in the quarterly cash dividend on the stock to 25 cents per share from 20 cents per share.
KB Home shares fell 1.5% to close at $68.40 on Friday.
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