KB Home (KBH) Tops Q1 EPS by 12c

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Go back to KB Home (KBH) Tops Q1 EPS by 12c

KB Home Reports 2018 First Quarter Results

March 22, 2018 4:10 PM EDT

Revenues Up 6% to $872 Million; Operating Income Margin Improves 200 Basis Points
Net Order Value Grows 8% to $1.2 Billion; Backlog Value Rises 10% to $2.0 Billion

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its first quarter ended February 28, 2018.

Our solid start to the year reflects our effective operational execution as well as strong housing demand and a limited inventory of homes available for sale in many of our served markets, said Jeffrey Mezger, chairman, president and chief executive officer. Among other steps to... More