KB Home (KBH) Tops Q4 EPS by 1c

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Go back to KB Home (KBH) Tops Q4 EPS by 1c

KB Home Reports 2016 Fourth Quarter and Full Year Results

January 11, 2017 4:05 PM EST

Fourth Quarter Revenues Up 21% to $1.2 Billion

Net Orders Increase 20% to 2,254; Net Order Value Up 27% to $856 Million

Backlog Value Increases to $1.5 Billion, Highest Year-End Level Since 2006

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2016.

We made considerable progress on several fronts in 2016 with solid operational execution driving year-over-year increases in our annual deliveries, revenues and earnings, said Jeffrey Mezger, chairman, president and chief executive officer. We finished the year with strong... More