LEN - KB Home Shares Climb After Better-Than-Expected Q2 Results | Benzinga
KB Home (NYSE:KBH) shares are trading higher after the company reported its second-quarter financial results Tuesday. Here's a look at the details.
The Details: KB Home reported quarterly earnings of $2.15 per share, which beat the analyst consensus estimate of $1.78 by 20.79%. Quarterly sales came in at $1.71 billion, which beat the analyst consensus estimate of $1.651 billion by 3.57%.
KB Home said homes delivered were 3,523, compared to 3,666 year-over-year, and the average selling price increased to $483,000, up from $479,500. The company’s ending backlog homes of ...