KB Home outlines Q3 2026 housing revenue $1.2B-$1.35B with gross margin 16%-16.6%
View original at seekingalpha.comKB Home outlines Q3 2026 housing revenue $1.2B-$1.35B with gross margin 16%-16.6% Earnings Call Insights: KB Home (KBH) Q2 2026 MANAGEMENT VIEW * "We are pleased to report second quarter results that met or exceeded the midpoint of our key guidance ranges and reflected sequential improvement in our adjusted housing gro…
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June 2026 demand trends are steady and not showing any surprising changes from Q2 trends
60% confidenceKB Home has over 1,500 sold homes that have not yet started construction, providing leverage with trade partners
60% confidenceLand market volatility has made underwriting harder; finished lot opportunities are preferred
60% confidenceAtlanta is a top 10 housing market; KB Home has its first land deal and intends to replicate the Seattle market expansion playbook
60% confidenceKB Home generated housing revenues of $1.11 billion, net income of $27.3 million, and diluted EPS of $0.43 in Q2 2026
60% confidenceThe South Bay Division historically contributed 10% to 15% of KB Home's profits; the pipeline has been rebuilt
60% confidenceKB Home achieved a community absorption rate of 4 net orders per month in Q2 2026
60% confidenceQ2 2026 inventory charges were $5.6 million, including a $3.1 million impairment on a single community not attributable to market factors
60% confidenceQ2 2026 housing gross profit margin was 15.2%, or 15.7% excluding inventory-related charges
60% confidenceMore than 80% of Q3 deliveries are already in backlog
60% confidence