tiprankstipranks

KB Home lowers FY25 housing revenue view to $6.6B-$7.0B from $7.25B

Sees FY25: Average selling price in the range of $480,000-$495,000 vs. $488,000-$498,000 prior view. Cuts housing gross profit margin view to 19.2%-20.0% from 20%-21%. Backs FY25 effective tax rate view of approximately 24% and ending community count of approximately 250.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue