Equity ReturnsReturns on equity have vastly improved, aided by an uptick in share repurchase activity and structural improvement in margins.
Revenue GuidanceInitial FY'25 revenue guidance surprises positively, well above Street, PT to $99.
Revenue OutlookKBH surprised with a $7.5 bn revenue outlook for 2025, which reflects a combination of growing community count, a further reduction in cycle times, the ability to lean into spec production where needed, and a stronger sales pace.