KB Home (KBH) Misses Q3 EPS, Revenues Amid Supply Chain Issues and Labor Shortages
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KB Home Reports 2021 Third Quarter Results
September 22, 2021 4:10 PM EDTRevenues 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
