KB Home: Fiscal Q3 Earnings Snapshot
By AP News
Published - Sep 24, 2024, 04:17 PM ET
Last Updated - Dec 16, 2024, 06:57 PM EST
LOS ANGELES (AP) — LOS ANGELES (AP) — KB Home (KBH) on Tuesday reported fiscal third-quarter net income of $157.3 million.
On a per-share basis, the Los Angeles-based company said it had profit of $2.04.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $2.04 per share.
The homebuilder posted revenue of $1.75 billion in the period, topping Street forecasts. Five analysts surveyed by Zacks expected $1.73 billion.
