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0.00170502983802207 0.00170502983802207 0.00264279624893425 0.00119352088661552 0.00417732310315426 0.00596760443307748 0.00170502983802207 0.00264279624893425
Stock impact report

Why KB Home (KBH) Shares Are Plunging Today [Yahoo! Finance]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: Yahoo! Finance
missed Wall Street's expectations for the key metrics we track, including sales, operating profits, and earnings. The company further dampened investor sentiment by lowering its full-year revenue guidance, as its backlog fell short of consensus estimates, an indication of a weaker-than-expected volume of unfulfilled orders. The most notable concern in the quarter was a 17% drop in net orders, signaling continued buyer hesitation amid ongoing affordability challenges and broader economic uncertainty. That weakness weighed heavily on sales, which declined 5% from the previous year. Though the average selling price rose 4%, this wasn't enough to offset a 9% drop in homes delivered. Margins also moved in the wrong direction. Housing gros Read more
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