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KB Home (KBH) Tops Q4 EPS by 5c, provides guidance

January 13, 2025 4:11 PM EST

KB Home (NYSE: KBH) reported Q4 EPS of $2.52, $0.05 better than the analyst estimate of $2.47. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.99 billion.

Guidance

The Company is providing the following guidance for its 2025 full year:

Housing revenues in the range of $7.00 billion to $7.50 billion.
Average selling price in the range of $488,000 to $498,000.
Homebuilding operating income as a percentage of revenues of approximately 10.7%, assuming no inventory-related charges.

Housing gross profit margin in the range of 20.0% to 21.0%, assuming no inventory-related charges.
Selling, general and administrative expenses as a percentage of housing revenues in the range of 9.6% to 10.0%.

Effective tax rate of approximately 24%.
Ending community count of approximately 250.

The Company plans to also provide guidance for its 2025 first quarter on its conference call today.

For earnings history and earnings-related data on KB Home (KBH) click here.



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