KB Home (KBH) Tops Q2 EPS by 19c
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KB Home Reports 2021 Second Quarter Results
June 23, 2021 4:10 PM EDT
Revenues Totaled $1.44 Billion, up 58%
Diluted Earnings Per Share Grew 173% to $1.50
Gross Margin Expanded to 21.4%; Operating Income Margin Improved to 11.3%
Backlog Value Increased 126% to $4.29 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2021.
Our second quarter results reflect the sustained strength and health of our business. In particular, our ability to optimize our assets was evident in our gross margin rising above 21%, which drove our operating margin to exceed 11%, both of which represented... More
