KB Home (KBH) Tops Q3 EPS by 36c
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KB Home Reports 2023 Third Quarter Results
September 20, 2023 4:10 PM EDT
Revenues of $1.59 Billion; Diluted Earnings Per Share of $1.80
Repurchased 1.5 Million Shares for $82.5 Million; Book Value Per Share Increased to $48.29
Net Orders Increased 52% to 3,097
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2023.
We are pleased to report strong financial results for our third quarter, which exceeded our guidance ranges, driven in part by achieving higher deliveries, as we further compressed build times. We generated revenues of approximately $1.6 billion and, together with an operating margin of 11.3%, produced... More
