KB Home Reports 2020 Third Quarter Results

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KB Home (KBH) Tops Q3 EPS by 29c, Revenues Beat

September 22, 2020 4:11 PM EDT

KB Home (NYSE: KBH) reported Q3 EPS of $0.83, $0.29 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1 billion versus the consensus estimate of $893.24 million.

Gross Margin Expanded to 19.9%, Up 140 Basis PointsNet Order Value Rose 29%; Backlog Value Increased 12% to $2.6 Billion

We produced solid results in our third quarter, moving beyond the disruption associated with the... More