KB Home (KBH) Q3 2024 Earnings Call Transcript Summary
KB Home (KBH) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the KB Home (KBH) Q3 2024 Earnings Call Transcript:
以下是kb home (KBH) 2024年第三季度業績電話會議實錄摘要:
Financial Performance:
金融業績:
KB Home reported double-digit year-over-year growth in revenues and diluted earnings per share in Q3 2024.
Total revenues were over $1.75 billion, with diluted earnings per share of $2.04.
The company projects $6.9 billion in revenues for 2024, at a gross margin exceeding 21%.
Housing revenues grew by 11% compared to the previous year, driven by an increase in the number of homes delivered and an overall average selling price increase.
kb home報告稱,2024年第三季度營收和每股攤薄收益同比增長了兩位數。
總收入超過$175億,每股攤薄收益爲$2.04。
公司預計2024年收入爲$690億,毛利率超過21%。
與上一年相比,住宅收入增長了11%,這主要是由於交付的住宅數量增加和整體平均售價上漲驅動。
Business Progress:
業務進展:
KB Home has advanced its Build-to-Order model, focusing on customer satisfaction and community count growth.
The company has accelerated land investment, with a significant increase of over 50% year-over-year in land acquisition and development costs.
-Community counts and geographic expansion are also notable, especially in new markets like Boise, Charlotte, and Seattle.
kb home已推進其訂單制模式,專注於客戶滿意度和社區數量增長。
公司加快了土地投資,土地收購和開發成本同比增長超過50%。
-社區規模和地理擴張也值得關注,尤其是在波伊西、夏洛特和西雅圖等新市場。
Opportunities:
機會:
The company sees further investment in land and development as a strong pathway for growth, with plans to increase the lot position by 21% year-over-year.
Strategic geographic expansion into new markets contributes to their growth strategy.
公司將土地開發進一步投資視爲增長的重要途徑,計劃將地塊位置同比增加21%。
戰略性地進入新市場的地理擴張有助於他們的增長策略。
Risks:
風險:
Elevated interest rates and economic slowdown concerns have caused buyer hesitancy, impacting demand.
Trade-offs are necessary in pricing adjustments to maintain sales momentum amid these economic pressures.
提高的利率和經濟放緩引起購房者猶豫,影響需求。
在這些經濟壓力下,必須在定價調整中進行權衡以維持銷售勢頭。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。