KB Home (KBH) Tops Q2 EPS by 2c; Backlog Rose 57%
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KB Home Reports 2015 Second Quarter Results
June 19, 2015 8:30 AM EDT
Net Orders Up 33%; Net Order Value Up 38% to $1.1 Billion
Backlog
Value Increases to $1.6 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH), one of the nations largest and most recognized homebuilders, today reported results for its second quarter ended May 31, 2015. Highlights and developments include the following:
Three Months Ended May 31, 2015
Total revenues of $623.0 million grew 10% from $565.0 million in the year-earlier quarter, extending the Companys trend of year-over-year revenue increases to 15 consecutive quarters. The current quarter revenue growth was driven... More