Latest KB Home News

Stock market today: Wall Street edges back from its record highs

Sep. 25, 2024 17:02 PM EDT

NEW YORK (AP) — U.S. stocks edged back from their records Wednesday as financial markets around the world took a pause following big recent moves. The S&P 500 slipped 0.2% a day after setting an all-time high for the 41st time this year. The Dow Jones Industrial Average...

KB Home: Fiscal Q3 Earnings Snapshot

Sep. 24, 2024 16:23 PM EDT

LOS ANGELES (AP) — LOS ANGELES (AP) — KB Home (KBH) on Tuesday reported fiscal third-quarter net income of $157.3 million. On a per-share basis, the Los Angeles-based company said it had profit of $2.04. The results met Wall Street expectations. The average...

Rally over? Homebuilder stocks' big gains may have already priced in Fed rate cut

Sep. 19, 2024 06:05 AM EDT

LOS ANGELES (AP) — Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and help juice home sales into 2025. The S&P Composite 1500 Homebuilding Index, which includes 16 stocks, including homebuilders...