U.S. stock market anomaly | Residential construction company kb home falls more than 6% pre-market, Q3 profits below expectations.
September 25th, Kelonhui｜kb home (KBH.US) pre-market fell by 6.43% to $81.81. On the news front, KB Home announced third-quarter performance, with a company profit of 0.1573 billion dollars, equivalent to earnings per share of $2.04, lower than FactSet's consensus of $2.06 per share; while the same period last year was 0.1499 billion dollars, equivalent to earnings per share of $1.86. Revenue for the quarter increased by 10% to $17.5 billion, exceeding the expected $17.3 billion.
Barclays Maintains KB Home(KBH.US) With Buy Rating, Raises Target Price to $99
Barclays analyst Matthew Bouley maintains $KB Home(KBH.US)$ with a buy rating, and adjusts the target price from $78 to $99.According to TipRanks data, the analyst has a success rate of 65.5% and a
Analysts Offer Insights on Consumer Cyclical Companies: KB Home (KBH) and AutoZone (AZO)
Express News | KB Home Shares Fall 6.3% Premarket After Q3 Profit Miss
Daily real estate industry news summary (2024-09-25)
Reporters have contacted multiple banks to understand the relevant situation of lowering interest rates on existing home loans. Currently, the banks have responded that they have paid attention to the policy adjustment of interest rates on existing home loans, but have not yet received any related adjustment notifications. They will adjust uniformly when they do.
Express News | KB Home : Barclays Raises Target Price to $99 From $78