Sign in

    Matt Johnson

    Research Analyst at UBS

    Matt Johnson is an Associate Director of Equity Research at UBS, specializing in comprehensive equity analysis within the finance sector. He is involved in covering major public companies for UBS, delivering insights to institutional clients, though specific company coverage and quantifiable performance track record metrics are not publicly listed. Johnson began his career in equity research and currently holds a significant leadership role at UBS, contributing to strategic research initiatives since joining the firm. His professional credentials reflect substantial expertise in equity research, but details regarding securities licenses or FINRA registrations are not available from public sources.

    Matt Johnson's questions to KB HOME (KBH) leadership

    Matt Johnson's questions to KB HOME (KBH) leadership • Q1 2025

    Question

    Matt Johnson, on for John Lovallo, questioned the implied back-half gross margin, which appears to be down slightly despite significantly higher sales volume. He also asked for a regional breakdown of the expected year-over-year decline in homebuilding operating margins.

    Answer

    COO Rob McGibney clarified that significant mix shift is not expected and that the forecast reflects current market conditions. He stated that any improvement in housing gross profit margin would be modest and primarily due to leverage. McGibney emphasized that most of the operating income leverage in the second half would come from the SG&A line due to substantially higher volume. The question regarding regional operating margin drivers was not directly addressed before the next analyst was called.

    Ask Fintool Equity Research AI