KB Home Missed Expectations

KB Home (KBH) reported earnings of $1.49 per share on revenue of $1.39 billion for the fiscal first quarter ended February 2025. The consensus earnings estimate was $1.56 per share on revenue of $1.50 billion. The Earnings Whisper number was $1.62 per share. The company missed expectations by 8.02% while revenue fell 5.18% compared to the same quarter a year ago.

The company said it expects fiscal 2025 revenue of $6.60 billion to $6.70 billion. The company's previous guidance was revenue of $7.00 billion to $7.50 billion, and the current consensus revenue estimate is $7.21 billion for the year ending November 30, 2025.

KB Home is one of the largest and most recognized homebuilders in the United States and has built over 650,000 quality homes in our more than 60-year history.