04:49 PM EDT, 09/24/2024 (MT Newswires) -- KB Home ( KBH ) reported fiscal Q3 earnings late Tuesday of $2.04 per diluted share, up from $1.80 a year earlier.

Analysts polled by Capital IQ expected $2.06.

Revenue for the quarter that ended Aug. 31 was $1.75 billion, up from $1.59 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.73 billion.

The company expects fiscal 2024 housing revenue of $6.85 billion to $6.95 billion. Analysts surveyed by Capital IQ expect total sales of $6.83 billion, if comparable.

Shares of the company traded nearly 6% lower in after-hours activity.

Price: 82.32, Change: -5.11, Percent Change: -5.84