KB Home Lowers Outlook As Slow Housing Market Continues to Bite

Dow Jones

Sep 25, 2025

By Nicholas G. Miller

KB Home recorded lower fiscal third-quarter profit and lowered its full-year outlook as a dormant housing market forces homebuilders to make price concessions.

The homebuilder reported net income of $109.8 million, or $1.61 a share, down from $157.3 million, or $2.04 a share the year prior. Analysts were expecting $1.50 a share, according to FactSet.

Sales were $1.62 billion, down from $1.75 billion the year prior. Analysts were expecting $1.59 billion.

Average sales price fell to $475,700, from $480,900 the year prior and homes delivered decreased 7% to 3,393.

The company lowered its full-year sales guidance to $6.1 billion to $6.2 billion, down from its previous forecast of $6.3 billion to $6.5 billion.

Write to Nicholas G. Miller at nicholas.miller@wsj.com

(END) Dow Jones Newswires

September 24, 2025 16:23 ET (20:23 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/KBH\">KB Home</a> recorded lower fiscal third-quarter profit and lowered its full-year outlook as a dormant housing market forces homebuilders to make price concessions. \n</p>\n<p>\n  The homebuilder reported net income of $109.8 million, or $1.61 a share, down from $157.3 million, or $2.04 a share the year prior. Analysts were expecting $1.50 a share, according to FactSet. \n</p>\n<p>\n  Sales were $1.62 billion, down from $1.75 billion the year prior. Analysts were expecting $1.59 billion. \n</p>\n<p>\n  Average sales price fell to $475,700, from $480,900 the year prior and homes delivered decreased 7% to 3,393. \n</p>\n<p>\n  The company lowered its full-year sales guidance to $6.1 billion to $6.2 billion, down from its previous forecast of $6.3 billion to $6.5 billion. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. 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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/KBH\">KB Home</a> recorded lower fiscal third-quarter profit and lowered its full-year outlook as a dormant housing market forces homebuilders to make price concessions. \n</p>\n<p>\n  The homebuilder reported net income of $109.8 million, or $1.61 a share, down from $157.3 million, or $2.04 a share the year prior. Analysts were expecting $1.50 a share, according to FactSet. \n</p>\n<p>\n  Sales were $1.62 billion, down from $1.75 billion the year prior. Analysts were expecting $1.59 billion. \n</p>\n<p>\n  Average sales price fell to $475,700, from $480,900 the year prior and homes delivered decreased 7% to 3,393. \n</p>\n<p>\n  The company lowered its full-year sales guidance to $6.1 billion to $6.2 billion, down from its previous forecast of $6.3 billion to $6.5 billion. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 24, 2025 16:23 ET (20:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KB","symbol_name":"韩国国民银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2570908075","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570908075","pubTimestamp":1758745380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"KB Home recorded lower fiscal third-quarter profit and lowered its full-year outlook as a dormant housing market forces homebuilders to make price concessions.The homebuilder reported net income of $109.8 million, or $1.61 a share, down from $157.3 million, or $2.04 a share the year prior. Analysts were expecting $1.50 a share, according to FactSet.Sales were $1.62 billion, down from $1.75 billion the year prior. Analysts were expecting $1.59 billion.Average sales price fell to $475,700, from $480,900 the year prior and homes delivered decreased 7% to 3,393.The company lowered its full-year sales guidance to $6.1 billion to $6.2 billion, down from its previous forecast of $6.3 billion to $6.5 billion.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"KB":"韩国国民银行","BK4207":"综合性银行","KBH":"KB Home","BK4088":"住宅建筑","BK4585":"ETF&股票定投概念","BK4588":"碎股","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"由于房地产市场放缓继续影响，KB Home下调前景","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KBH":1.5,"KB":1.5,"CFA.SI":1.5},"content_text":"By Nicholas G. Miller \n\n\n \n\n\nKB Home recorded lower fiscal third-quarter profit and lowered its full-year outlook as a dormant housing market forces homebuilders to make price concessions. \n\n\n  The homebuilder reported net income of $109.8 million, or $1.61 a share, down from $157.3 million, or $2.04 a share the year prior. Analysts were expecting $1.50 a share, according to FactSet. \n\n\n  Sales were $1.62 billion, down from $1.75 billion the year prior. Analysts were expecting $1.59 billion. \n\n\n  Average sales price fell to $475,700, from $480,900 the year prior and homes delivered decreased 7% to 3,393. \n\n\n  The company lowered its full-year sales guidance to $6.1 billion to $6.2 billion, down from its previous forecast of $6.3 billion to $6.5 billion. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  September 24, 2025 16:23 ET (20:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}