KB Home KBH announces its next round of earnings Wednesday, Jan. 10. Here's Benzinga's advanced look at KB Home's Q4 earnings report.
Earnings and Revenue
Wall Street analysts see KB Home reporting earnings of 77 cents per share on sales of $1 billion.
KB Home reported a per-share profit of 40 cents when it published results during the same quarter last year. Sales in that period totaled $1 billion. The Wall Street consensus estimate for earnings would represent a 92.5 percent increase for the company. Sales would be up 14.09 percent from the same quarter last year.
The company's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.47 | 0.26 | 0.13 | 0.39 |
EPS Actual | 0.51 | 0.33 | 0.15 | 0.4 |
Q4 EPS Estimate: 0.77
Q4 Revenues Estimate: $1 billion
Stock Performance
Shares of KB Home were trading at $33.83 as of Jan. 10. Over the last 52-week period, shares are up 108.7 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on KB Home stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
KB Home's Q4 conference call is scheduled to begin at 4:00 p.m. ET.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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