KB Home (KBH) Tops Q1 EPS by 2c
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
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