KB HomeKBH
▼ NegativeCapitalrelevance
Earnings report shows sharp declines in EPS, revenue, homes delivered, and margins, with lowered guidance.
Impact on stocks 1
Consumer Discretionary
KB HomeKB Home shares have declined 8.2% since its last earnings report, underperforming the S&P 500. The company reported second-quarter fiscal 2026 earnings of 43 cents per share, matching the Zacks Consensus Estimate but down 71.3% from a year ago, while total revenues of $1.112 billion beat estimates by 2% yet fell 27% year over year. Housing revenues dropped 27% to $1.11 billion on a 23% decline in homes delivered and a 5% drop in average selling price to $461,900. Net orders fell 4% to 3,317 homes, and the homebuilding operating income margin contracted to 2.5% from 8.6%. For fiscal 2026, KB Home narrowed its delivery guidance to 10,500-11,000 homes and housing revenue to $4.90-$5.30 billion, with housing gross margin projected between 16.1% and 16.5%.
KB HomeEarnings report shows sharp declines in EPS, revenue, homes delivered, and margins, with lowered guidance.