earnings
confidence high
sentiment positive
materiality 0.80
KB Home Q4 revenues up 19% to $2B; EPS $2.52 (+36% YoY); guides FY25 revenue $7.0-$7.5B
KB HOME
2024-FY EPS reported
$8.45
revenue$6,930,086,000
- Q4 diluted EPS $2.52 (+36% YoY); net income $190.6M (+27%).
- Q4 revenues $2.00B (+19%); deliveries 3,978 (+17%); avg price $501K (+3%).
- Net orders +41% in Q4; cancellation rate improved to 17% from 28%.
- Repurchased $100M of stock in Q4; total 2024 repurchases $350M (~6% of shares).
- FY2025 guidance: housing rev $7.0-$7.5B; gross margin 20-21%; ending communities ~250.