KB Home (KBH) Tops Q3 EPS by 5c
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KB Home Reports 2017 Third Quarter Results
September 28, 2017 4:05 PM EDT
Revenues Up 25% to $1.1 Billion; Net Income Increases 28% to $50.2
Million
Homebuilding Operating Income Margin Improves 100
Basis Points
Net Order Value Grows 15% to $1.1 Billion;
Backlog Value Up 14% to $2.1 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2017.
We continued to make considerable progress on our three-year returns-focused growth plan with outstanding results in our 2017 third quarter, said Jeffrey Mezger, chairman, president and chief executive officer. We posted double-digit increases in revenues and earnings, and generated measurable improvement across... More
