KB Home (KBH) Q1 earnings: How key metrics compare to Wall Street estimates

For the quarter ended February 2026, KB Home (KBH) reported revenue of $1.08 billion, down 22.6% over the same period last year. EPS came in at $0.52, compared to $1.49 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $1.1 billion, representing a surprise of -1.98%. The company delivered an EPS surprise of +0.27%, with the consensus EPS estimate being $0.52.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how KB Home performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Backlog - Homes - Total: 3,604 versus the four-analyst average estimate of 3,597.
• Homes delivered - Total: 2,370 versus 2,378 estimated by four analysts on average.
• Net orders - Total: 2,846 versus the four-analyst average estimate of 2,847.
• Average selling price: $452.1 million compared to the $456.52 million average estimate based on three analysts.
• Ending community count: 276 versus the three-analyst average estimate of 274.
• Backlog - Value - Total: $1.7 billion versus $1.64 billion estimated by two analysts on average.
• Average community count: 274 versus the two-analyst average estimate of 273.
• Total Revenues- Homebuilding- Housing: $1.07 billion versus $1.09 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -22.8% change.
• Total Revenues- Financial services: $4.95 million compared to the $4.54 million average estimate based on five analysts. The reported number represents a change of +4.6% year over year.
• Total Revenues- Homebuilding: $1.07 billion compared to the $1.09 billion average estimate based on five analysts. The reported number represents a change of -22.7% year over year.
• Total Revenues- Homebuilding- Land: $0.59 million compared to the $1.45 million average estimate based on three analysts.
• Financial services pretax income: $5.54 million versus $5.82 million estimated by four analysts on average.