On Tuesday, June 27th, KB Home (KBH) will release its second quarter earnings results after the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of KB Home, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
KB Home in Focus
KB Home constructs and sells a variety of new homes designed primarily for first-time, move-up and active adult homebuyers, including attached and detached single-family residential homes, townhomes and condominiums. They offer homes in development communities, at urban in-fill locations and as part of mixed-use projects. Their homebuilding operations represent most of their business. Their financial services operations offer certain insurance products to their homebuyers and title services in certain markets.
KB Home is expected to report earnings at $0.26 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.15 per share, beating expectations by $0.01. Their average EPS surprise is 7.30%.
KB Home Price, Consensus and EPS Surprise
KB Home Price, Consensus and EPS Surprise | KB Home Quote
Bottom Line
How should investors play KB Home ahead of their earnings report? For insights on the best options trades, then tune in 9:00am CST tomorrow to see David’s thoughts.
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