KB Home (KBH) Tops Q1 EPS by 2c
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KB Home Reports 2017 First Quarter Results
March 23, 2017 4:05 PM EDT
Revenues Up 21% to $818.6 Million
Net Orders Increase 14%
to 2,580; Net Order Value Up 32% to $1.09 Billion
Backlog
Value Increases 25% to $1.79 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its first quarter ended February 28, 2017.
Building on our 2016 accomplishments, we delivered a solid financial and operational performance in the first quarter and extended the upward trajectory of our business, said Jeffrey Mezger, chairman, president and chief executive officer. With double-digit year-over-year growth in deliveries, revenues, pretax income, net orders and backlog, we are... More
