KB Home Forecasts Q4 Housing Revenues Between $1.45B-$1.65B and Announces Potential Buybacks
KB Home (NYSE: KBH) has forecasted housing revenues for the fourth quarter of fiscal year 2026 to range between $1.45 billion and $1.65 billion, while also planning up to $50 million in share buybacks. The company's Executive Chairman, Jeffrey Mezger, noted that market conditions have worsened since its last earnings update in June. Despite the challenging housing environment, KB Home remains optimistic about its financial outlook for Q4 and is taking proactive steps through potential repurchases of shares to enhance shareholder value.
Tickers: $KBH
Topics: housing market KB Home Q3 earnings call