KB Home (KBH) Tops Q3 EPS by 10c
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KB Home Reports 2018 Third Quarter Results
September 25, 2018 4:10 PM EDT
Revenues Up 7% to $1.2 Billion;
Housing Gross Profit
Margin Expands 180 Basis Points;
Earnings Per Diluted Share
Increases 71% to $.87
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August31, 2018.
We produced solid third quarter results, generating a 71% increase in our diluted earnings per share, said Jeffrey Mezger, chairman, president and chief executive officer. Our core homebuilding business continued to perform very well, as healthy demand in our served markets and effective execution on our distinctive customer-centric operating... More
