KB Home (KBH) Gains But Lags Market: What You Should Know

KB Home (KBH) Gains But Lags Market: What You Should Know
This story originally appeared on Zacks

KB Home (KBH) closed at $43.42 in the latest trading session, marking a +0.07% move from the prior day. This move lagged the S&P 500’s daily gain of 0.62%. Elsewhere, the Dow gained 0.55%, while the tech-heavy Nasdaq lost 0.03%.

KB Home (KBH) Gains But Lags Market: What You Should Know – Zacks

Coming into today, shares of the homebuilder had lost 0.28% in the past month. In that same time, the Construction sector gained 0.44%, while the S&P 500 gained 0.87%.

Investors will be hoping for strength from KB Home as it approaches its next earnings release, which is expected to be January 12, 2022. The company is expected to report EPS of $1.77, up 58.04% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $1.72 billion, up 43.7% from the prior-year quarter.

Investors should also note any recent changes to analyst…

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