KB Home reports Q1 EPS 52c, consensus 54c

Reports Q1 revenue $1.08B, consensus $1.09B. “With solid traffic in our communities, we generated year-over-year net order growth in our first quarter,” said Jeffrey Mezger, Executive Chairman. “In addition, we are now achieving our targeted mix of Built to Order net orders. Our renewed focus on our core Built to Order strategy, combined with an anticipated favorable regional mix of homes delivered, as well as operating leverage from higher delivery volumes, is expected to contribute to stronger financial results in the second half of fiscal 2026.”