What will be the predicted Move for KB Home (NYSE:KBH) After Earnings?

earning reaction history

KB Home (NYSE:KBH) moved down -2.45% and closed its last trading session at $14.74. This Construction Sector stock currently has the Market Capitalization of 1.28 Billion. The Average Volume for the stock is measured as 2.18 Million. The Stock has a 52-Week High of $16.76 and 52-Week Low of $9.04 following the dates, it touched its 52-Week High on Jul 27, 2016 and 52-Week Low on Jan 20, 2016. Currently, the Return on Assets value for the trailing twelve months is 2.2% with the Return on Equity and Return on Investment of 6.7% and 2.4% respectively. This firm currently has YTD (year to date) performance of 20.24 Percent which is awesome. The Short Ratio for the stock is 7.52.

KB Home (NYSE:KBH) Price to Earnings (P/E) ratio is 12.86. EPS or Earning per Share stands at $1.15. The TTM operating margin is 5.2 percent.

KB Home (NYSE:KBH) is due to report its Earnings on Coming Soon… The estimated EPS for the current quarter is said to be $1.15. Following Earnings result, share price were UP 15 times out of last 27 Qtrs. The stock has added about 7.8% since it reported its last earnings. The Closing price of KB Home (NYSE:KBH) at Last Earnings was $14.93 as compared to the previous closing price of $15.11. The Predicted Move on the 7th day after KB Home (NYSE:KBH) will release its earnings at about 8%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, KB Home (NYSE:KBH) beats earnings by 66%, The Stock Missed Earnings  4  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

KB Home (NYSE:KBH) reported its previous quarter on 09/20/2016 where it reported the Actual Earnings of $0.42. The Closing price before the company posted its earnings was $14.93. The Stock surged on the very next day of earnings and maintained its stock price at $15.23 by showing a % change of 2.01 percent from its previous closing price. The Next Day Volume after Earnings was reported as 5.78 Million. On the 7th day After Earnings Report, the stock hit its share price as $16.41 by showing 9.91% increase from the Stock price Before Earnings were reported.

On 06/21/2016, the stock reported the EPS of $0.17 where Analysts were projecting the EPS to be $0.14 showing a difference of $0.03. Thus Surprise Factor was there with 21.4 percent. Before Earnings Announcement on 06/21/2016, the firm had its stock price of $14.52. And immediately on the next day after earnings announcement, the stock inclined 2.2% and closed its trading session at $14.84. On 7th Day after earnings release, KB Home (NYSE:KBH) surged to 0.41% from $14.52 to $14.58.

On 03/23/2016, Analysts were suspecting EPS of $0.11/share where KB Home (NYSE:KBH) reported its Actual EPS of $0.14. Thus showing a Surprise of 27.3 percent. The Closing Price of the stock before earnings was $13.05 while on the Next day the stock closed its trading session at $13.88 with a percentage change of 6.36% from the price of 13.05 before Earnings. The Stock Closing Price on the 7th day of earnings was $13.58.

Company Profile:

KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers. The company also provides property and casualty insurance, as well as earthquake, flood, and personal property insurance to its homebuyers; title services; and mortgage banking services, including residential mortgage loan originations to its homebuyers. It has operations in California, Arizona, Nevada, Colorado, Florida, Maryland, North Carolina, and Texas. The company was formerly known as Kaufman and Broad Home Corporation and changed its name to KB Home in January 2001. KB Home was founded in 1957 and is headquartered in Los Angeles, California.