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KB Home (KBH) Tops Q4 EPS by 2c

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KB Home Reports 2018 Fourth Quarter and Full Year Results

January 9, 2019 4:10 PM EST

Fourth Quarter Revenues Total $1.3 Billion; Earnings Per Diluted Share Up 14% to $.96
Repurchases 1.8 Million Shares of Common Stock

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November30, 2018.

Fiscal 2018 was a year of considerable progress, as we achieved or exceeded most of the financial targets under our three-year Returns-Focused Growth Plan within two years, said Jeffrey Mezger, chairman, president and chief executive officer. Along with a further increase in our scale to $4.55 billion in total revenues, we meaningfully enhanced our... More