KB Home (NYSE: KBH) reported Q4 EPS of $1.91, $0.15 better than the analyst estimate of $1.76. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.71 billion.

Guidance:

The Company is providing the following current guidance for its 2022 fiscal year:

• Housing revenues in the range of $7.20 billion to $7.60 billion.
• Average selling price in the range of $480,000 to $490,000.
• Homebuilding operating income as a percentage of revenues in the range of 15.7% to 16.5%, assuming no inventory-related charges.
• Housing gross profit margin in the range of 25.4% to 26.2%, assuming no inventory-related charges.
• Selling, general and administrative expenses as a percentage of housing revenues in the range of 9.4% to 9.9%.
• Effective tax rate of approximately 25%, assuming no federal energy tax credit extension is enacted.
• Ending community count up 20% to 25%.
• Return on equity in excess of 26%.

The Company plans to also provide guidance for its 2022 first quarter on its conference call today.

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