KB Home (KBH) Misses Q1 EPS by 9c, Offers Outlook

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KB Home (KBH) Shares Drop 4% Following Q4 Miss

March 23, 2022 5:35 PM EDT

KB Home (NYSE: KBH) shares were trading around 4% lower after-hours following disappointing Q1 results, with EPS of $1.47 coming in worse than the consensus estimate of $1.56. Revenue grew 23% year-over-year to $1.4 billion, missing the consensus estimate of $1.5 billion.

Ending backlog grew 29% to 11,886 homes, with an ending... More