KB Home (KBH) PT Lowered to $78 at Evercore ISI

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Go back to KB Home (KBH) PT Lowered to $78 at Evercore ISI

KB Home Reports 2024 First Quarter Results

March 20, 2024 4:10 PM EDT

Revenues Grew 6% to $1.47 Billion; Diluted Earnings Per Share Increased 21% to $1.76
Net Orders Up 55%; Net Order Value Increased 58% to $1.58 Billion
Repurchased $50 Million of Common Stock

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its first quarter ended February 29, 2024.

"Fiscal 2024 is off to a strong start, as we generated solid results in our first quarter that were either at or above the high end of our guidance ranges. Market conditions have improved since the end of our 2023 fiscal year,... More