KB Home (NYSE:KBH) soared 0.56% or +0.09 points during previous trade after opening at the price of $16.24, a total of 2.69M shares exchanged hands compared with its average trading volume of 2.28M shares. The stock has a market capitalization of $1.37B and it has 84.77M outstanding shares.
According to consensus agreement of 14 analysts KB Home (NYSE:KBH) will report earnings per share of $0.39 in their quarterly report and it is expected to announce the company’s results on 1/11/17 After Market Close. For the current quarter the company has highest EPS estimates of $0.6 and low forecast is $0.34. However a year ago for the same quarter the company has reported $0.43 earnings per share.
Earnings reaction history indicates that share price went up 15 times out of last 27 quarters. In KB Home (NYSE:KBH)’s last 12 earnings reports, it has beaten EPS estimates 66% of the time. However it has meet the estimates 0 time and missed 4 times.
If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 8/2016, the consensus mean EPS was $0.39 while KB Home (NYSE:KBH) reported $0.42 EPS on 9/20/2016 After Market Close with a difference of 0.03 marking a surprise factor of 7.69%. The stock’s next day closing price was $15.20 with the gain of 2.01% in its share price. On seventh day of the earnings report price change of the stock was 9.93%.
Previously for the quarter ended on 5/2016, KB Home (NYSE:KBH)’s expected mean EPS was $0.16, the company reported its quarterly earnings per share of $0.17 on 6/21/2016 After Market Close, beating the analysts’ consensus estimate by 0.01 with surprise factor of 6.25%. The stock’s closing price was $14.81 with the gain of 2.21% in its share price on the day following the earning announcement. However price change of the stock was 0.41% on seventh day of the earnings report.
KB Home (NYSE:KBH)’s mean EPS estimate was $0.11 for the quarter ended on 2/2016, while it reported EPS of $0.14 on 3/23/2016 After Market Close, beating the analysts’ consensus estimate by 0.03 with surprise factor of 27.27%. On next day when data was publically announced, the stock’s closing price was $13.86 with 6.37% gain in its share price. On seventh day of the earnings report price change of the stock was up 4.07%.
Back on 1/7/2016 the company’s estimated EPS value was $0.51 and it reported $0.43 earnings per share (EPS) for the quarter ended on 11/2015. The company posted a negative surprise factor of -0.08% by 15.69.
Average EPS forecast for the current year is $1.11 according to 14 analysts making projections for KB Home (NYSE:KBH). The most expectant earnings per share estimate of the stock is set at $1.32 while the conservative estimates kept at $1.04 over the current year. Having a look at the historical EPS report, the company attained $0.85 EPS for the previous year. While revenue estimates for the current year is $3.55B, KB Home (NYSE:KBH) setting the highest revenues estimates of $3.57B and indicating lowest revenues at $3.54B according to agreement of 9 number of analysts. Current quarter revenue movements show that, the company has set average revenue estimates of $1.15B covering forecast of 9 analysts. The company indicates a peak revenue level of $1.16B and $1.12B at bottom level.
Having a glance at growth estimates of the company, it has current quarter growth estimates of -9.30% whereas for next quarter it has 50.00% estimations over growth. Its forecasts over growth are 30.60% during current year while analysts’ growth estimation for the next year is 47.70%. Past 5 years growth of KB Home (NYSE:KBH) observed at 18.78%, and for the next five years the analysts that follow this company are expecting its growth at 27.90%.
KB Home (NYSE:KBH) reached at $44 price level during last trade its distance from 20 days simple moving average is -1.25%, and its distance from 50 days simple moving average is 3.27% while it has a distance of 7.71% from the 200 days simple moving average. One year trading price range hit the peak level of $17.38 and touched the lowest level of $8.97. The company’s distance from 52-week high price is -6.50% and current price is above +81.11% from 52-week low price.