KB Home (KBH) Reports Q2 Earnings Beat and Reaffirms Outlook, Shares Up 2%
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KB Home Reports 2022 Second Quarter Results
June 22, 2022 4:10 PM EDT
Total Revenues Increased 19% to $1.72 Billion; Diluted Earnings Per Share Grew 55% to $2.32
Operating Income Margin Improved 410 Basis Points to 15.4%; Gross Margin Increased to 25.3%
Net Order Value Up 4% to $2.12 Billion; Ending Backlog Value Up 43% to $6.12 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its second quarter ended May 31, 2022.
We delivered strong results in the second quarter, generating significant year-over-year growth in revenues, operating income and diluted earnings per share, said Jeffrey Mezger, Chairman, President and Chief Executive Officer. With our... More
