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Earnings Whisper ®
4th Quarter November 2023
Revenue: $1.62 Bil
4:10 PM ET
Guidance announcement made Wednesday, September 20, 2023
Wednesday, September 20, 2023
KB Home Reports 2023 Third Quarter Results
What do you expect when KBH reports earnings?
Where is KBH's stock price going from here?
KB Home is a well-known homebuilder in the United States and one of the largest in the state. The company's revenues are generated from Homebuilding and Financial Services operations. The company's Homebuilding operations include building and designing homes that cater to first time, move-up and active adult homebuyers on acquired or developed lands. KB Home also builds attached and detached single-family homes, town homes and condominiums. There are four main reportable segments within the homebuilding reporting segment based on geographical presence: West Coast (comprising Washington and California), Southwest (comprising Arizona and Nevada), Central (constituting Colorado, and Texas) and Southeast (including Florida, North Carolina). KB Home's Financial Services operations offer mortgage banking, title and insurance services to homebuyers. This segment earns revenues mainly from insurance commissions and provision of title services.