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KB Home (KBH) Tops Q3 EPS by 3c

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KB Home Reports 2016 Third Quarter Results

September 20, 2016 4:05 PM EDT

Diluted Earnings Per Share Rises 83% to $.42

Net Orders Increase 16% to 2,508; Net Order Value Up 20% to $930 Million

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2016.

We are very pleased with our third quarter results, as we continued our trajectory of solid earnings performance for the year, said Jeffrey Mezger, chairman, president and chief executive officer. Our execution on our core strategies was the primary catalyst for our double-digit growth in deliveries and housing revenues, and our significantly... More