KB Home (KBH) Tops Q2 EPS by 7c
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KB Home Reports 2017 Second Quarter Results
June 27, 2017 4:05 PM EDT
Revenues Up 24% to $1.0 Billion; Diluted Earnings Per Share Rise 94%
to $.33
Net Order Value Increases 15% to $1.4 Billion;
Backlog Value Grows 19% to $2.2 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2017.
Our strong second quarter performance, particularly our 24% revenue growth, reflects our ongoing efforts to increase the scale of our business and continue the steady operational execution that are driving improvements in our profits, returns and other financial metrics, said Jeffrey Mezger, chairman, president and chief executive officer.... More
