Despite the positive numbers, KB Home stock already trades at a generous valuation, and analysts see limited upside for the stock from its current price. KB Home reported third-quarter earnings per share of 51 cents on revenue of $1.14 …
That said, rising land and labor costs are a drag on the gross margin for KB Home as well as other homebuilders like Lennar Corp. LEN , D.R. Horton, Inc. DHI and PulteGroup, Inc. PHM. Labor shortages are leading to higher wages and …