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KB Home Analysts Boost Their Forecasts After Upbeat Q2 Results

KB Home (NYSE:KBH) posted better-than-expected earnings and sales results for its second quarter on Tuesday. KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion, according to data from Benzinga Pro. KB Home said homes delivered were 3,523, compared to 3,666 year-over-year, and the average selling price increased to $483,000, up from $479,500. "We produced solid results in our 2024 second quarter, with our key metrics above ...