KB Home (KBH) Q2 Revenue Tops Views

June 21, 2016 4:17 PM EDT
Get Alerts KBH Hot Sheet
Price: $43.23 --0%

Revenue Growth %: -99.8%

Financial Fact:
Revenues: 3.17M

Today's EPS Names:
PFGC, PDCO, KBH, More
Trade Now! 
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

KB Home (NYSE: KBH) reported Q2 EPS of $0.17, may not compare to the analyst estimate of $0.14. Revenue for the quarter came in at $811.1 million versus the consensus estimate of $747.06 million.

Backlog and Net Orders (comparisons on a year-over-year basis)

  • Ending backlog value grew 14% to $1.83 billion, reflecting increases in all regions.
  • Homes in backlog rose 10% to 5,205.
  • Net order value for the quarter grew 14% to $1.20 billion.
  • Net orders for the quarter increased 8% to 3,249.
  • The cancellation rate as a percentage of beginning backlog for the quarter improved to 21% from 25%, and as a percentage of gross orders improved to 21% from 22%.
  • Average community count for the quarter decreased 2% to 242.

For earnings history and earnings-related data on KB Home (KBH) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Earnings, Hot Earnings

Related Entities

Earnings