CSIMarket


Kb Home  (KBH)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services


 

Kb Home

KBH's Financial Statements and Analysis



Kb Home reported in the second quarter of 2024 net earnings per share of $2.15 an increase by 10.82 % year on year from $1.94 and an improvement of 22.16 % from $1.76 realized in I. Quarter (Feb 29 2024).


second quarter of 2024
Earnings Per Share Revenues
$ 2.15 $  1,710 Mill
$+0.21     +10.82 % $-56M     -3.14 %



Kb Home's Revenue fell by -3.14 % in second quarter of 2024 (May 31 2024) year on year, to $1,710 million and advanced by 16.49 % sequentially.


Kb Home is

More on KBH's Income Statement



Kb Home 's net income of $168.419 million in the second quarter of 2024 increased by 2.42 % from net earnings of $164.442 million achieved in II. Quarter a year ago.

Sequentially net earnings grew by 21.46 % from net income of $138.665 million realized in previous quarter.

More on KBH's Growth




Kb Home Inventories
Inventories grew by 4.02 % to $5,335 million from II. Quarter a year ago, sequentially inventories rose by 1.75 %. In May 31 2024 company's net cash and cash equivalents decreased by $-24 million, capital expenditures fell by -9.4868.58%, to $-10 millions compare to same quarter a year ago

More on KBH's Cash flow Statement


Kb Home payed out dividend of $0.82 per share in last 52 weeks representing 10.73 % of net earning per share in trailing twelve-month period.

During the same period Kb Home earned $ 7.25 cash per share, on a free-cash flow basis 94.87 % of net earning per share.

Book value grew by 3.41 % sequentially to $51.30 per share, 86.76% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 51.30 per share from $ 49.61.

Company repurchased 0.46 million shares or 0.59 % in May 31 2024.
Debt Coverage Ratio was 0.46.

More on KBH's Dividends

 Market Capitalization (Millions) 6,269
 Shares Outstanding (Millions) 78
 Total Debt (Millions $) 1,695
 Revenue (TTM) (Millions $) 6,439
 Net Income (TTM) (Millions $) 607
 Cash Flow (TTM) (Millions $) 87
 Capital Exp. (TTM) (Millions $) -37
 Dividend TTM ($) 0.82 $
 Dividend Yield TTM (%) 1.19 %
 Employees (TTM) $ 1,590




Kb Home payed out dividend of $0.82 per share in the last 52 weeks representing 10.73 % of net earning per share in trailing twelve-month period.

During the same period Kb Home had $ 7.25 cash flow per share, on a free-cash flow basis 94.87 % of net earning per share.

Book value grew by 3.41 % sequentially to $51.30 per share, 86.76% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 51.30 per share from $ 49.61.

Company repurchased 0.46 million shares or 0.59 % in May 31 2024.
Debt Coverage Ratio was 0.46.

More on KBH's Balance Sheets

 Market Capitalization (Millions) 6,269
 Shares Outstanding (Millions) 78
 Total Debt (Millions $) 1,695
 Revenue (TTM) (Millions $) 6,439
 Net Income (TTM) (Millions $) 607
 Cash Flow (TTM) (Millions $) 87
 Capital Exp. (TTM) (Millions $) -37
 Dividend TTM ($) 0.82 $
 Dividend Yield TTM (%) 1.19 %
 Employees (TTM) $ 1,590
   


  News about Kb Home Earnings

KB Home Reports Strong Income Growth in Recent Fiscal Period, Despite Lagging Market Performance

KB Home, a leading homebuilder in the United States, recently reported its second quarter earnings for the fiscal year ending 2024. The results showed solid performance, with key metrics surpassing expectations. However, despite these positive results, KB Home shares have been trailing behind the overall market performance, raising concerns about the company's future prospects.
One factor that may have contributed to the downward trend in KB Home shares is the company's gross margin of 21.57 percent, which was reported for the last year. This figure has raised concerns about the company's profitability and its ability to generate sufficient returns for shareholders. Additionally, the recent decision by S...

KB Home's Bottom-line Skyrockets by 21.38% in Q1, 2024 - Marking Strong Start to Fiscal Year

KB Home (NYSE: KBH), a prominent homebuilder in the United States, recently reported strong results for its first quarter ending February 29, 2024. The company's net orders experienced a significant year-over-year increase, signaling improved market conditions since the end of the previous fiscal year. This positive performance aligns with KB Home's reputation as a reliable player in the industry.
KB Home's reliability has been recognized by Newsweek, as the company was named to the prestigious list of America's Most Trustworthy Companies for 2024 for the third consecutive year. This accolade, presented in collaboration with Statista Inc., acknowledges organizations that consistently prioritize the trust...

KB Home Sees Decline in Earnings and Revenue, But Shows Signs of Improvement in Latest Fiscal Period

KB Home (NYSE: KBH) reported a decline in revenue and earnings in the fiscal period ending on November 30, 2023. Income fell by -24.44% to $1.93 per share, while revenue dropped by -13.713% year on year. Revenue for this period was $1.67 billion, compared to $1.94 billion in the same period the previous year. However, there was improvement from the previous quarter, with income increasing by 7.11% from $1.80 per share and revenue rising by 5.481% from $1.59 billion.
Net income in the most recent fiscal period was $150.302 million, a decrease of -30.55% from $216.410 million in the corresponding period a year earlier. The operating margin also decreased to 10.81%, while the net margin shrank to 8.98%. Add...

KB Home's EPS Plummets as Weak Sales Impact Third Quarter Earnings Season

KB Home (KBH) recently reported a decline in both top and bottom-line performance during the third quarter of 2023 earnings season. Net profit per share dropped by 37.06%, and revenue decreased by 13.978% compared to the previous year. Revenue fell to $1.59 billion, down from $1.84 billion, with earnings per share at $1.80, a significant contrast to the $2.86 in the comparable time frame the prior year. Additionally, net profit per share decreased by 7.22% from the preceding three months, and revenue deteriorated by 10.1% from $1.77 billion.
The company's earnings for the fiscal period ending August 31, 2023, also experienced a significant decline of 41.28%, dropping to $149.933 million from $255.329 mil...

KB Home Navigates through a Financial Conundrum: 2.631% Revenue Uplift Encountered during the March-May 2023 Interval Unable to Thwart a 16.38% Income Contraction


Introduction
KB Home, a leading homebuilding company in the United States, has experienced a slight drop in its stock value over the past five trading days. Despite this setback, the stock has seen strong year-to-date performance, indicating resilience amid market fluctuations. This article aims to delve into the financial aspects of KB Home, including revenue growth, income contraction, and future prospects, to provide a comprehensive analysis of the company's current situation.
The Financial Report
According to the second-quarter financial report for 2023, KB Home witnessed a revenue growth of 2.631%. However, this was unable to prevent an income contraction of -16.38%, relative to the sam...


Date modified: 2024-07-06T16:50:39+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright Š 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com