KB Home (KBH) Tops Q3 EPS by 20c
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KB Home Reports 2022 Third Quarter Results
September 21, 2022 4:10 PM EDT
Total Revenues Increased 26% to $1.84 Billion; Diluted Earnings Per Share Grew 79% to $2.86
Operating Income Margin Improved 610 Basis Points to 17.7%; Gross Margin Increased to 26.7%
Ending Backlog Value Up 9% to $5.26 Billion
LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2022.
KB Home achieved record third quarter financial results, with substantial year-over-year growth in revenues, margins and diluted earnings per share, said Jeffrey Mezger, Chairman, President and Chief Executive Officer. Although we experienced a shortfall in deliveries relative to our... More
