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Here is What Key Metrics Inform Us About KB Dwelling (KBH) Q3 Earnings

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KB Dwelling (KBH) reported $1.75 billion in income for the quarter ended August 2024, representing a year-over-year enhance of 10.4%. EPS of $2.04 for a similar interval compares to $1.80 a yr in the past.

The reported income represents a shock of +1.50% over the Zacks Consensus Estimate of $1.73 billion. With the consensus EPS estimate being $2.04, the corporate has not delivered EPS shock.

Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.

As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders mission a inventory’s value efficiency extra precisely.

Right here is how KB Dwelling carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Backlog – Models: 5,724 in comparison with the 6,068 common estimate primarily based on 4 analysts.
  • Common promoting value: $480.90 million versus $486.14 million estimated by 4 analysts on common.
  • Unit deliveries – Complete Properties: 3,631 versus 3,562 estimated by 4 analysts on common.
  • Internet orders – Models: 3,085 versus 3,360 estimated by 4 analysts on common.
  • Backlog – Worth: $2.92 billion in comparison with the $3.08 billion common estimate primarily based on three analysts.
  • Common group depend -Complete: 251 versus the two-analyst common estimate of 248.
  • Ending group depend: 254 versus the two-analyst common estimate of 247.
  • Complete Revenues- Homebuilding: $1.75 billion in comparison with the $1.72 billion common estimate primarily based on 5 analysts. The reported quantity represents a change of +10.5% yr over yr.
  • Complete Revenues- Monetary providers: $6.63 million versus $8.20 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -9.1% change.
  • Complete Revenues- Homebuilding- Housing: $1.75 billion versus the four-analyst common estimate of $1.72 billion. The reported quantity represents a year-over-year change of +11%.
  • Working Revenue- Homebuilding: $188.95 million versus $190.12 million estimated by 4 analysts on common.
  • Monetary providers pretax earnings: $10.95 million in comparison with the $11.97 million common estimate primarily based on 4 analysts.

View all Key Company Metrics for KB Home here>>>

Shares of KB Dwelling have returned +3.9% over the previous month versus the Zacks S&P 500 composite’s +1.7% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out according to the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

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