Investing.com - KB Home reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
KB Home announced earnings per share of $1.02 on revenue of $1.14B. Analysts polled by Investing.com anticipated EPS of $0.9163 on revenue of $1.21B.
KB Home shares are up 29.59% from the beginning of the year and are trading at $41.77 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
KB Home shares lost 3.84% in after-hours trade the report.
KB Home follows other major Capital Goods sector earnings this month
KB Home's report follows an earnings missed by CRH ADR on Thursday, March 4, 2021, who reported EPS of $1.42 on revenue of $6.99B, compared to forecasts EPS of $2.24 on revenue of $7B.
Lennar had beat expectations on Tuesday, March 16, 2021 with first quarter EPS of $3.2 on revenue of $5.33B, compared to forecast for EPS of $1.71 on revenue of $5.13B.
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