KB Home (KBH) Misses Q1 EPS by 3c, Misses on Revenue; Offers Guidance

KB Home (NYSE: KBH) reported Q1 EPS of $0.52, $0.03 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.09 billion.

The Company is providing the following guidance for its 2026 second quarter and full year as to certain metrics:

2026 Second Quarter —

Deliveries in the range of 2,250 to 2,450 homes.
Housing revenues in the range of $1.05 billion to $1.15 billion.
Housing gross profit margin in the range of 15.0% to 15.6%, assuming no inventory-related charges.
Selling, general and administrative expenses as a percentage of revenues in the range of 12.4% to 13.0%.
Effective tax rate of approximately 19%.
Ending community count in the range of 265 to 275.
Common stock repurchases in the range of $50.0 million to $100.0 million.

2026 Full Year —

Deliveries in the range of 10,000 to 11,500 homes.
Housing revenues in the range of $4.80 billion to $5.50 billion.
Effective tax rate in the range of 23% to 25%.

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

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