KB Q2 Earnings Beat the Street
KB Home reported Q2 earnings that beat Wall Street consensus estimates. Earnings came in at $9.6 million, or 10 cents a share, versus analyst estimates of 8 cents per share. Revenues were reported at $623 million versus analyst estimates of $623 million. Backlog was up 39% form the year-ago period at 4,733 and average selling price rose 6% to $338,500. The stock was up over 10% in early trading.
About author
You might also like
The New Home Company Profile
Orange County-based builder, The New Home Company, is profiled in this article in the Los Angeles Times. The company, founded by industry veterans Larry Webb, Wayne Stelmar, Tom Redwitz and
Lennar Beats in Street in Fiscal Q1 2015
Public homebuilding bellweather, Lennar, reported fiscal Q1 2015 financials that beat the street on both earnings and revenues. Earnings were $.0.50 per share versus consensus analyst estimates of $0.45 per
