KB Home (KBH) Tops Q2 EPS by 63c

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Go back to KB Home (KBH) Tops Q2 EPS by 63c

KB Home Reports 2023 Second Quarter Results

June 21, 2023 4:10 PM EDT

Revenues Rose to $1.77 Billion; Diluted Earnings Per Share of $1.94
Net Orders Totaled 3,936; Average Community Count Up 20%
Repurchased 2.2 Million Shares for $92 Million; Book Value Per Share Increased to $46.72

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2023.

We produced strong financial results in the second quarter that exceeded the high-end of our guidance ranges, with year-over-year growth in revenues to $1.8 billion and a gross margin of over 21%, driving diluted earnings per share of $1.94. Our financial performance... More