04:28 PM EDT, 09/24/2025 (MT Newswires) -- KB Home ( KBH ) reported fiscal Q3 net income late Wednesday of $1.61 per diluted share, down from $2.04 a year earlier.

Analysts polled by FactSet expected $1.50.

Revenue for the quarter ended Aug. 31 was $1.62 billion, down from $1.75 billion a year earlier.

Analysts polled by FactSet expected $1.59 billion.

For fiscal 2025, the company reduced housing revenue expectations to $6.10 billion to $6.20 billion from previous range of $6.30 billion to $6.50 billion. Analysts surveyed by FactSet expect housing revenue of $6.26 billion.