KB Home Falls 4% Despite Impressive Earnings and Upbeat Forecast: Should Investors Be Worried?

By |2023-12-07T19:50:34+00:00September 21st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , |

Home building company KB Home (KBH) is down more than 4% in Thursday morning’s trading session despite delivering impressive fiscal third-quarter earnings and maintaining an optimistic forecast for the remainder of the year. Revenue of $1.59 billion beat the analyst consensus of $1.47 billion, but represented a drop in performance year over year - [...]