KB Home (KBH) is set to release its third-quarter earnings on Tuesday, September 24th. Analysts anticipate strong results with earnings per share expected to rise significantly from the previous year. However, a closer look at analyst ratings reveals mixed opinions about the stock’s future performance.
Stride (LRN) reported strong Q3 earnings, exceeding expectations with revenue growth of 10.7% to $520.8M and adjusted EBITDA up 16.0% to $120.5M. Enrollment in both general education (8.7%) and career learning (9.8%) segments increased. Revenue per enrollment also rose. The company raised its FY24 outlook, anticipating revenue in the range of $2.025B to $2.040B, capital expenditures between $60M and $65M, and adjusted operating income between $280M and $290M.
The Procter & Gamble Company (P&G) reported strong third-quarter earnings on Friday, with adjusted EPS beating consensus estimates and sales growth meeting expectations. P&G raised its full-year EPS growth outlook from -1% to a range of 1% to 2% and maintained its sales growth guidance of 4%-5%. The company also increased its adjusted EPS growth outlook from 8%-9% to 10%-11% and anticipates headwinds of approximately $600 million from unfavorable foreign exchange rates, offset by $900 million of benefits from favorable commodity costs.
