
KB Home (NYSE: KBH) shares fell 10% in after-hours trading following a revision of its fiscal year revenue forecast. The company now anticipates revenue between $6.6 billion and $7 billion, down from a previous estimate of $7 billion to $7.5 billion. Market analysts have expressed concerns about the housing market's resilience amid high interest rates, suggesting that if political figures such as Donald Trump adjust their stance on tariffs, the housing sector could face further challenges. Additionally, analysts have adjusted their price targets for KB Home stock following the earnings report.