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Homebuilders KB Home, Lennar Cut Prices As Buyer Demand Has 'Slowed Materially'
Tuesday, March 25, 2025 - 11:14am | 547Read More...Homebuilders are sounding the alarm on the state of American consumers, as sales depend on increased incentives and lower home prices. What To Know: Lennar Corp. (NYSE:LEN) and KB Home (NYSE:KBH) each reported disappointing first-quarter financial results in the past week. Both companies pointed...
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This Homebuilder Is Slashing Prices In Key Cities Where Prices Soared The Most
Saturday, September 28, 2024 - 2:05pm | 502Read More...In response to changing market conditions in Florida and Texas, leading homebuilder KB Home (NYSE:KBH) has decided to slash home prices in Austin, San Antonio, Orlando, and Jacksonville. What Happened: According to KB Home’s Chief Operating Officer, Robert McGibney, the company has reduced...
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KB Home Stock Is Climbing After Hours As Homebuilder Sees Spring 'Increase In Demand'
Wednesday, March 22, 2023 - 4:52pm | 422Read More...KB Home (NYSE: KBH) shares are trading higher in extended trading Wednesday after the homebuilder reported financial results that topped analyst expectations and provided an upbeat outlook. What Happened: KB Home reported fiscal first-quarter revenue of $1.38 billion, which beat...
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KB Home Shares Fall After Q3 Sales Miss
Wednesday, September 25, 2019 - 4:21pm | 281Read More...KB Home (NYSE: KBH) shares fell in Wednesday's after-hours session after the homebuilder reported a third-quarter sales miss. Earnings came in at 73 cents per share, beating Street estimates by 7 cents. Sales came in at $1.161 billion, missing estimates by $9 million. "We are...
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KB Home Trades Higher Following Q1 Earnings Beat
Tuesday, March 26, 2019 - 4:24pm | 325Read More...KB Home (NYSE: KBH) shares traded higher Tuesday afternoon following its first-quarter earnings release. The homebuilder reported earnings of 31 cents per share, beating estimates by 5 cents. Sales came in at $811.483 million, missing estimates by $19.757 million. "We made continued progress...
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KB Home Posts Q4 Miss; Shares Under Pressure
Thursday, January 7, 2016 - 10:05am | 382Read More...Shares of KB Home (NYSE: KBH) were trading lower by nearly 7 percent at $10.98 early Thursday morning after the company's fourth quarter results fell short of Wall Street's expectations. KB Home earned $0.43 per share in the fourth quarter on revenue of $985.8 million. Wall...
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KB Home Rises Throughout Friday's Trading Session
Friday, September 21, 2012 - 3:09pm | 232Read More...Shares of KB Home (NYSE: KBH) have been rising throughout Friday's trading session, and were up around 16 percent heading into the final hour of trade. The catalyst for the move in the stock price has been the company's third-quarter earnings report which was released prior to the opening bell. KB...
