KB Home posted 1Q revenues of $580.1M beating expectations

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KB Home quarterly stock financials by MarketWatch. View the latest KBH financial statements, income statements and financial ratios. Bulletin Dow turns higher in last half-hour of session

KB Home (KBH) Q1 Earnings Beat Expectations, Revenues Lag. Deliveries increased in the Southwest, while it decreased in the other three regions. Average selling price went up 7% to $389,800. At the end of the reported quarter, average community count was 222, down 7% year over year. The company’s backlog totaled 4,972 homes (as of Feb 28, 2018),

LOS ANGELES–(BUSINESS WIRE)–KB Home (NYSE: KBH), one of the nation’s largest and most recognized homebuilders, today reported results for its third quarter ended August 31, 2014.Highlights and developments include the following: Three Months Ended August 31, 2014. Total revenues of $589.2 million increased 7% from $549.0 million in the third quarter of 2013, driven by growth in the Company.

KB Home’s adjusted earnings per share decreased 12.9% and its revenue increased 28.7% year-over-year; these results were driven by adjusted net income increasing 1% to $28.6 million and net orders.

KB Home has narrowed its housing revenue guided range to $4.55-$4.85 billion from prior expectation of $4.5-$4.9 billion.

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KB Home (NYSE: KBH) reported fourth-quarter and full-year 2014 results before markets opened Tuesday. For the quarter, the homebuilder reported diluted earnings per share (EPS) of $8.36 on.

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KB Home (NYSE:KBH) earlier today posted a better than expected EPS for the first quarter of 2013 and registered its highest first-quarter average selling price since 2006.. The company revealed in its earnings report that the overall average selling price was $271,300 – $52,300 or 24 percent higher than the year-earlier quarter.

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Inside Kb Home’s 10-K Annual Report: Revenue – Product Highlight. With our continued execution on our long-standing, customer-centric operating strategy and our Returns-Focused Growth Plan, which are described in Item 1 – Business in this report, we produced solid revenue growth and expanded our housing gross profit margin compared to 2017.

D.R. Horton beats expectations, 1Q revenue jumps 38% KB Home posted 1Q revenues of $580.1M beating expectations Brena Swanson is formerly the Digital Reporter for HousingWire.