Here’s the Dilemma KB Home Stock Investors (NYSE:KBH) Face
Investors assessing the narrative for homebuilding company KB Home (KBH) face a tough dilemma. On one hand, its management team delivered solid results for its second quarter. Still, the other side of the equation is the tough economic environment. Between two conflicting forces, investors may want to consider opting for the conservative approach. I am bearish on KBH stock. If earnings reports always correspond with market success, one would be hard-pressed to ignore KBH stock. For Q2, KB Home delivered adjusted earnings per share of $2.32. This figure beat Wall Street’s consensus estimate of $2.04, translating to a positive earnings surprise of 13.7%. This was a 55% increase from $1.
Here’s the Dilemma KB Home Stock Investors (NYSE:KBH) Face
Investors assessing the narrative for homebuilding company KB Home (KBH) face a tough dilemma. On one hand, its management team delivered solid results for its second quarter. Still, the other side of the equation is the tough economic environment. Between two conflicting forces, investors may want to consider opting for the conservative approach. I am bearish on KBH stock. If earnings reports always correspond with market success, one would be hard-pressed to ignore KBH stock. For Q2, KB Home delivered adjusted earnings per share of $2.32. This figure beat Wall Street’s consensus estimate of $2.04, translating to a positive earnings surprise of 13.7%. This was a 55% increase from $1.