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KB Home (KBH) Tops Q1 EPS by 10c

March 24, 2021 4:12 PM EDT

KB Home (NYSE: KBH) reported Q1 EPS of $1.02, $0.10 better than the analyst estimate of $0.92. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.21 billion.

Homes delivered rose 4% to 2,864, their highest first-quarter level since 2008.Average selling price increased 2% to $397,100Backlog Value Increased 74% to $3.7 Billion

We begin 2021 with positive momentum continuing across our... More