KB House inventory slips regardless of earnings beat, raised forecast and ‘regular’ demand - Buzz Plugg Usa News

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Thursday, September 21, 2023

KB House inventory slips regardless of earnings beat, raised forecast and ‘regular’ demand


KB House shares declined within the prolonged session Wednesday even after the house builder reported outcomes that topped Wall Road estimates, hiked its income forecast for the yr and reported regular demand amid rising mortgage charges.

KB House KBH shares slid greater than 2% after hours, following a 0.7% decline within the common session to shut at $48.06.

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