KB Home (KBH) Misses Q4 EPS by 40c, Offers Guidance

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KB Home Reports 2022 Fourth Quarter and Full Year Results

January 11, 2023 4:10 PM EST

Fourth Quarter Total Revenues Up 16% to $1.94 Billion; Diluted Earnings Per Share Up 29% to $2.47
Book Value Per Share of $43.59 Up 27%; Full-Year Return on Equity Increased 470 Basis Points to 24.6%

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2022.

Our financial results for 2022 mark one of the best years in our Companys history. Our top-line growth of more than 20% and operating margin expansion to over 15% drove diluted earnings per share above $9, a greater than 50% increase... More