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KB Home Smashes Earnings | KBH Stock Spikes Higher
KB Home (KBH) shares are through the roof after the homebuilder capped off FY21 with a sizable Q4 earnings beat and upbeat FY22 guidance. After KBH's peer Lennar (LEN) missed on earnings last month as supply chain woes persisted, investors were quick to sell off the stock, causing KBH to dip in sympathy. However, as a result, much of the bad news that came out of LEN's earnings report was already priced in for KBH, leaving ample room for significant upside from a solid earnings report.
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