Compared to Estimates, KB Home (KBH) Q4 Earnings: A Look at Key Metrics

For the quarter ended November 2024, KB Home (KBH) reported revenue of $2 billion, up 19.5% over the same period last year. EPS came in at $2.52, compared to $1.85 in the year-ago quarter.The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $1.99 billion. With the consensus EPS estimate being $2.45, the EPS surprise was +2.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how KB Home performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Backlog - Units: 4,434 versus the four-analyst average estimate of 4,370. Average selling price: $501 million versus $510.41 million estimated by four analysts on average. Net orders - Units: 2,688 versus the four-analyst average estimate of 2,528. Unit deliveries - Total Homes: 3,978 compared to the 3,882 average estimate based on four analysts. Backlog - Value: $2.24 billion compared to the $2.20 billion average estimate based on three analysts. Ending community count: 258 compared to the 254 average estimate based on three analysts. Total Revenues- Homebuilding: $1.99 billion compared to the $1.98 billion average estimate based on five analysts. The reported number represents a change of +19.7% year over year. Total Revenues- Financial services: $6.85 million versus $9.51 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -23.8% change. Total Revenues- Homebuilding- Housing: $1.99 billion compared to the $1.98 billion average estimate based on four analysts. The reported number represents a change of +20% year over year. Operating Income- Homebuilding: $229.10 million versus $225.80 million estimated by four analysts on average. Financial services pretax income: $13.10 million versus $14.36 million estimated by four analysts on average. Homebuilding pretax income: $234.61 million compared to the $235.10 million average estimate based on two analysts. View all Key Company Metrics for KB Home here>>>Shares of KB Home have returned -11.5% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KB Home (KBH): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks