KB Home (KBH) Tops Q1 EPS by 5c

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Go back to KB Home (KBH) Tops Q1 EPS by 5c

KB Home Reports 2019 First Quarter Results

March 26, 2019 4:10 PM EDT

Revenues Total $811.5 Million
Net Income of $30.0 Million, or $.31 Per Diluted Share
Average Community Count Increases 10% to 244

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its first quarter ended February28, 2019.

We made continued progress on our Returns-Focused Growth Plan in the first quarter, which contributed to our results, including the healthy year-over-year expansion of our gross margin, said Jeffrey Mezger, chairman, president and chief executive officer. With the balanced allocation of our substantial operating cash flows since the start of... More