KB Home (KBH) Tops Q3 EPS by 29c, Revenues Beat
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KB Home Reports 2020 Third Quarter Results
September 22, 2020 4:10 PM EDT
Revenues Totaled $1.0 Billion; Diluted Earnings Per Share Grew to $.83
Gross Margin Expanded to 19.9%, Up 140 Basis Points
Net Order Value Rose 29%; Backlog Value Increased 12% to $2.6 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2020.
We produced solid results in our third quarter, moving beyond the disruption associated with the early stages of the COVID-19 pandemic that we experienced in the spring. While our deliveries were lower compared to a year ago, our profitability rose meaningfully, led by... More
