KB Home gains ahead of earnings


Leading the homebuilders higher in today's session is KB Home (KBH +1.6%) which is set to release quarterly results on Thursday. RBC Capital - which has an Outperform rating on the stock - sees strong revenues, gross margin expansion, and solid price increases.

Also reporting this week (Wednesday) is Lennar.

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Comments (2)
  • 50 cent it is
    , contributor
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    I like dh Horton better for its position and management
    23 Jun 2014, 12:08 PM Reply Like
  • Dr. Duru
    , contributor
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    I think KBH has more short-term upside given the extra level of skepticism leveled against the company's ability to improve (and maintain) margins against higher debt levels. This week's earnings should be a key juncture as the stock is on the border of a nice breakout pattern.
    23 Jun 2014, 12:17 PM Reply Like
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