By Elias Schisgall

KB Home is expected to release its fourth-quarter financial results after the bell on Thursday. Here's what you need to know.

REVENUE: The home builder is expected to report revenue of $1.66 billion, down from $2 billion a year earlier, according to analysts polled by FactSet.

NET INCOME: Analysts anticipate KB Home to post a profit of $118.9 million, compared with $190.6 million a year prior.

HOMES DELIVERED: The company is expected to report around 3,512 deliveries, according to FactSet, compared with 3,978 a year earlier.

The stock is down 4.2% this year and closed Thursday at $62.94.

WHAT TO WATCH

--The housing market is in a tough spot, as economic uncertainty deters prospective buyers from committing to purchasing a home. KB Home cut its full-year outlook for the second time last quarter, as slowing sales fueled a drop in profit. RBC Capital Markets analyst Mike Dahl says his view skews cautious, as mortgage rates remain elevated in the long-term and homebuyer confidence stays choppy. J.P. Morgan analysts likewise say they anticipate a significantly less supportive industry backdrop

--But there are some small signs of light for KB Home. Mortgage rates were already falling in the short term before the Federal Reserve cut rates by 25 basis points last week. Traffic to homebuilder websites has also risen, including to KB Home, although those site visits have yet to translate into rising sales.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 17, 2025 17:12 ET (22:12 GMT)

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