KB Home (KBH) Misses Q4 EPS by 7c

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Go back to KB Home (KBH) Misses Q4 EPS by 7c

KB Home Reports 2015 Fourth Quarter and Full Year Results

January 7, 2016 6:30 AM EST

Fourth Quarter Revenues Up 24% to $986 Million; Pretax Income Up Significantly to $70 Million

Backlog Value Increases 40% to $1.3 Billion

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the nations largest and most recognized homebuilders, today reported results for its fourth quarter and year ended November 30, 2015. Highlights and developments include the following:

Three Months Ended November 30, 2015

Total revenues grew 24% from the year-earlier quarter to $985.8 million, marking the Companys 17th consecutive quarter of year-over-year revenue increases.... More