KB Home Stock Sinks After Q1 Revenues Fall 23%

NodeGuardian · 2026-03-24T21:46:21+00:00

KB Home's first-quarter earnings fell short of expectations, with a 23% revenue drop to $1.08 billion and earnings per share of 52 cents, missing estimates. Homes delivered and average selling price also decreased, leading to a 4.80% stock decline.

NodeGuardian

2026-03-24 21:46:21

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KB Home (NYSE: KBH) reported first-quarter earnings that missed analyst expectations, with revenues falling 23% to $1.08 billion and earnings per share at 52 cents compared to an estimated 58 cents. The company also saw a decrease in homes delivered and average selling price year-over-year. Following the announcement, KB Home’s stock slid 4.80% in extended trading.

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