Compass Point Cuts Price target on KB Home (KBH) Following 3c EPS Beat

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KB Home Reports 2015 Third Quarter Results

September 24, 2015 8:31 AM EDT

Revenues Increase 43% to $843 Million; Diluted Earnings Per Share of $.23

Backlog Value Increases 44% to $1.6 Billion

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the nations largest and most recognized homebuilders, today reported results for its third quarter ended August 31, 2015. Highlights and developments include the following:

Three Months Ended August 31, 2015

Total revenues rose 43% from the year-earlier quarter to $843.2 million. The Company has posted year-over-year revenue increases for 16 consecutive quarters. Housing revenues increased 36% to $798.6 million from $586.2 million for the... More

KB Home Announces the Grand Opening of Haywood at Five Knolls in Santa Clarita

September 23, 2015 11:00 AM EDT

Builders newest L.A. County community debuts in beautiful master plan, with convenience to area employers, major transportation routes, and recreational attractions

SANTA CLARITA, Calif.--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the nations largest and most recognized homebuilders, today announced the grand opening of Haywood at Five Knolls, a scenically inspired master-planned community offering spectacular hillside vistas and impressive on-site amenities in a sought-after Santa Clarita location. With close proximity to the I-5 and 14 freeways, KB Homes Haywood at Five Knolls will provide residents convenient... More