KB Home Reports 2020 Second Quarter Results

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KB Home (KBH) Tops Q2 EPS by 6c, Revenue Misses

June 24, 2020 4:11 PM EDT

KB Home (NYSE: KBH) reported Q2 EPS of $0.55, $0.06 better than the analyst estimate of $0.49. Revenue for the quarter came in at $914 billion versus the consensus estimate of $1.07 billion.

Company Outlook COVID-19 Impact

The negative effects of the COVID-19 pandemic and the related extended public health and governmental measures of varying restrictiveness to contain and combat the outbreak significantly impacted the Companys business during the 2020 second quarter. In response to the pandemic and with the health and well-being of its employees, customers and business partners, and their families, being a high priority,... More