KB Home Reports 2016 First Quarter Results

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FBR Capital Raises Price Target on KB Home (KBH) Following 1Q EPS Beat

March 24, 2016 7:01 AM EDT

FBR Capital reiterated a Market Perform rating on KB Home (NYSE: KBH), and raised the price target to $15.00 (from $11.50), following the company's 1Q16 earnings report. KB Home reported headline 1Q16 EPS of $0.14 per share, which exceeded consensus expectations of $0.11. This was a... More

KB Home (KBH) Tops Q1 EPS by 3c

March 23, 2016 4:18 PM EDT

KB Home (NYSE: KBH) reported Q1 EPS of $0.14, $0.03 better than the analyst estimate of $0.11. Revenue for the quarter came in at $678.4 million versus the consensus estimate of $633.98 million.

We are off to a strong start to 2016, said Jeffrey Mezger, president and chief executive... More