Investing.com - KB Home reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
KB Home announced earnings per share of $1.91 on revenue of $1.68B. Analysts polled by Investing.com anticipated EPS of $1.77 on revenue of $1.71B.
KB Home shares are down 5.25% from the beginning of the year and are trading at $42.38 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
KB Home follows other major Consumer Discretionary sector earnings this month
KB Home's report follows an earnings beat by Nike on Monday, December 20, 2021, who reported EPS of $0.83 on revenue of $11.36B, compared to forecasts EPS of $0.6307 on revenue of $11.25B.
Rivian Automotive had missed expectations on Thursday, December 16, 2021 with fourth quarter EPS of $-7.68 on revenue of $1M, compared to forecast for EPS of $-1.33 on revenue of $926.41K.
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