NEW YORK (TheStreet) -- KB Home (KBH) is scheduled to release its third quarter 2014 earnings results before the market open on Wednesday, and analysts polled by FactSet are expecting the home builder to post earnings per share of 42 cents, compared to the 30 cents per share the company reported for the same period in 2013
Analysts have forecast KB Home will report revenue of $657 million for the latest quarter, compared to the $549 million the company said it earned in the 2013 third quarter.
Shares of KB Home are higher by 1.19% to $17.02 in early afternoon trading on Tuesday.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Separately, TheStreet Ratings team rates KB HOME as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate KB HOME (KBH) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."