KB Home Slips 1.5% as EPS Seen Falling 64% to $0.53, Revenue Down 20.6%
KB Home shares closed at $64.81, down 1.5% on February 19, lagging broader market declines while rising 6.7% over the past month versus a 6.1% gain in the Construction sector. Q1 EPS are projected at $0.53, down 64.4% year-over-year on expected revenue of $1.11 billion, a 20.6% drop.
1. Recent Stock Performance
Shares of KB Home closed at $64.81 on February 19, representing a 1.5% daily decline that outpaced broader market losses. Over the past month, the stock has climbed 6.7%, slightly ahead of the Construction sector’s 6.1% gain and versus a 0.8% drop in the S&P 500.
2. Upcoming Earnings Projections
KB Home is projected to report Q1 earnings of $0.53 per share, marking a 64.4% year-over-year decline, on estimated revenue of $1.11 billion, down 20.6% from the same quarter last year. Full-year consensus stands at $4.19 EPS (–35.7%) and $5.59 billion revenue (–10.4%).
3. Valuation and Analyst Ratings
The stock trades at a forward P/E of 15.7, a slight premium to the industry average of 15.0, and carries a PEG ratio of 8.6 versus the sector’s 2.25. KB Home holds a Zacks Rank #5 (Strong Sell) and its industry ranks in the bottom 2% by this metric.