KB Home (KBH) Misses Q3 EPS, Revenues Amid Supply Chain Issues and Labor Shortages

Go back to KB Home (KBH) Misses Q3 EPS, Revenues Amid Supply Chain Issues and Labor Shortages

KB Home Reports 2021 Third Quarter Results

September 22, 2021 4:10 PM EDT

Revenues Totaled $1.47 Billion, Up 47%; Diluted Earnings Per Share Grew 93% to $1.60

Operating Income Margin Improved 270 Basis Points to 11.6%; Gross Margin Expanded to 21.5%

Net Order Value Up 22% to $2.01 Billion; Ending Backlog Value Increased 89% to $4.84 Billion

Repurchased 4.7 Million Shares, or 5.1% of its Outstanding Shares, for $188.2 Million

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2021.

We produced significant year-over-year growth in a number of key metrics during the third quarter,... More