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0.00323624595469249 0.00550161812297729 0.029126213592233 0.0323624595469256 0.0213592233009709 0.0398058252427185 0.0339805825242719 0.0388349514563107
Stock impact report

KB Home Reports 2019 Third Quarter Results

KB Home (KBH) 
Last kb home earnings: 3/26 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.kbhome.com
Company Research Source: Business Wire
Revenues Total $1.16 BillionNet Income of $68.1 Million, or $.73 Per Diluted ShareNet Orders Increase 24%; Backlog Units Up 14% LOS ANGELES--(BUSINESS WIRE)--KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2019.“We are extremely pleased with the strength of our third quarter results, led by a 24% rise in net orders, with double-digit increases in each of our four regions. Our net order growth was driven by both significant community count expansion and a higher absorption rate, a key operational metric where we have long been an industry leader,” said Jeffrey Mezger, chairman, president and chief executive officer. “Notably, during the quarter, we achieved a community absorption pace of 4.3 net orders per month, surpassing last year’s robust performance, while at the same time increasing prices in about 90% of our communities.”“With year-over-year growth in both revenues and gross profit margin anticipated for our fourth quarter, we are on track fo Show less Read more
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