KB Home Q1 Earnings Meet Estimates, Shares Down 5.7% This Year

KB Home reported Q1 earnings of $0.52 per share, meeting estimates and a surprise of +0.27%. Revenues of $1.08 billion missed the consensus estimate by 1.98%. The company has underperformed the market this year, and its Zacks Rank #4 (Sell) indicates expected underperformance in the near future. The current consensus EPS estimate is $0.79 for Q2 and $4.11 for the current fiscal year.