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0.00043940592319182 0.00254855435451275 0.0036031285701731 0.00500922752438697 0.00887599964847531 0.00641532647860097 0.0145003954653309 0.00764566306353814
Stock impact report

KB Home (KBH) Stock Trades Down, Here Is Why [Yahoo! Finance]

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: Yahoo! Finance
Although the company's earnings and revenue for the quarter surpassed Wall Street forecasts, the positive news was overshadowed by concerning trends. The company reported continued year-over-year declines in revenue and profit, and its backlog of future homes to be built also fell short of estimates. In response to the report, analysts at firms like Evercore ISI and Wolfe Research lowered their price targets on the stock. The stock market overreacts to news, and big price drops can present good opportunties to buy high-quality stocks. Is now the time to buy KB Home? Access our full analysis report here KB Home's shares are somewhat volatile and have had 10 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 28 days ago when the stock gained 7.2% on the news that the company announced th Show less Read more
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