KB Home (KBH) Tops Q1 EPS by 6c

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Go back to KB Home (KBH) Tops Q1 EPS by 6c

KB Home Reports 2015 First Quarter Results

March 20, 2015 8:30 AM EDT

Revenues Increase 29% to $580 Million

Net Income of $8 Million or $.08 Per Diluted Share

Net Order Value Up 25% to $753 Million; Backlog Value Up 30% to $1.1 Billion

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the nations largest and most recognized homebuilders, today reported results for its first quarter ended February 28, 2015. Highlights and developments include the following:

Three Months Ended February 28, 2015

Total revenues of $580.1 million rose 29% from $450.7 million in the year-earlier quarter, driven by growth in the... More