KB Home stock price

KB Home latest news:


  • 01/10/2018 14:57:13

    KB Home beats expectations, expects 'solid demand' for housing in 2018

    Shares of KB Home rose 3% late Wednesday after the homebuilder reported fourth-quarter earnings above Wall Street forecasts and said it expects "solid demand for housing" this year. KB Home earned $84.3 million, or 84 cents a share, in the quarter, compared with $37.5 million, or 40 cents a share, in the year-ago period. Revenue rose 18% to $1.40 billion, compared with $1.19 billion a year ago. Analysts polled by FactSet had expected per-share earnings of 77 cents on sales of $1.35 billion. The company pinned its optimism for housing demand in 2018 on "healthy employment, rising household incomes and strong consumer confidence, and continued limited supply," Chief Executive Jeffrey Mezger said in a statement. Shares ended the regular session up 0.4%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 01/10/2018 14:18:55

    BRIEF-KB Home Q4 Earnings Per Share $0.84

    * - NET ORDER VALUE FOR Q4 ROSE 9% TO $935.4 MILLION ON A 2% INCREASE IN NET ORDERS TO 2,296‍​

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