New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:32 EDTKBHKB Home reports Q2 EPS 27c, consensus 20c
Reports Q2 revenue $565M, consensus $563.1M. The company delivered 1,751 homes in the current quarter, compared to 1,797 homes in the second quarter of 2013. The company’s quarter-end backlog value exceeded $1.00 billion for the first time since August 31, 2008. The company’s backlog was comprised of 3,398 homes at May 31, 2014, up 9% from 3,128 homes at May 31, 2013.
News For KBH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 23, 2015
08:32 EDTKBHKB Home oversold at current levels, says JMP Securities
After KB Home reported stronger than expected Q1 results but provided lower than expected 2015 gross margin guidance, JMP Securities thinks the company is on track to drive community count growth, sustain absorptions, and improve gross margin throughout 2015 and into 2016. The firm raised its price target on the name to $18 from $17 and keeps an Outperform rating on the shares.
March 20, 2015
12:12 EDTKBHKB Home says gross margin goal is still 20%, but 'not in 2015'
Subscribe for More Information
12:07 EDTKBHKB Home says doesn't expect to reach 20% gross margin in 2015
Says has plans in place to improve gross margins.
11:49 EDTKBHKB Home sees Q2 housing revenue $580M-$615M
Subscribe for More Information
11:46 EDTKBHKB Home says housing recovery gaining traction, mortgage rates 'favorable'
Subscribe for More Information
11:41 EDTKBHKB Home: Initial indications of demand 'encouraging' for spring selling season
Subscribe for More Information
11:41 EDTKBHKB Home says sees significant earnings growth in 2H
Says "very committed" to raising gross margin.
11:37 EDTKBHKB Home sees FY housing revenue $2.8B-$3.1B
Says entering Q2 with "momentum," sees further growth in community count in Q2. Says indications of demand have been "encouraging" for spring selling season. Says 2015 will be "a tale of two halves." Looking ahead, sees significant revenue growth and sees FY housing revenue $2.8B-$3.1B. Comments made on the Q1 earnings conference call. KB Home is up 8.81% to $15.27 in late morning trading.
08:42 EDTKBHKB Home sees sequential margin improvement in remaining 2015 quarters
Subscribe for More Information
08:40 EDTKBHKB Home reports Q1 land sale revenues $53M
Q1 land sale revenues increased to $53M from $8.1M a year ago, primarily due to the company’s current quarter sale of a large parcel in northern California. Homebuilding operating income totaled $14.4M, compared to $17.7 million in the year-earlier quarter. Housing gross profit margin decreased 260 basis points y/y to 15.1% from 17.7%.
08:37 EDTKBHKB Home shares up 5.82% in pre-market trading following Q1 results
Subscribe for More Information
08:37 EDTKBHKB Home sees 'accelerated growth' in FY15 revenues
"As the year unfolds, we also anticipate accelerated growth in our revenues as well as greater operating leverage to bolster our bottom-line performance," said the company. Revenue consensus $2.8B.
08:36 EDTKBHKB Home reports 1,593 homes delivered in Q1
Subscribe for More Information
08:32 EDTKBHKB Home reports Q1 EPS 8c, consensus 2c
Subscribe for More Information
March 19, 2015
15:28 EDTKBHKB Home March 14 straddle priced for 5.9% movement into Q1
15:19 EDTKBHNotable companies reporting before tomorrow's open
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use