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KB Home: Fiscal Q4 Earnings Snapshot
By AP News - Jan 13, 2025, 04:26 PM ET
Last Updated - Jan 13, 2025, 04:26 PM EST
LOS ANGELES (AP) — LOS ANGELES (AP) — KB Home (KBH) on Monday reported fiscal fourth-quarter net income of $190.6 million.
On a per-share basis, the Los Angeles-based company said it had net income of $2.52.
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The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.45 per share.
The homebuilder posted revenue of $2 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.99 billion.
For the year, the company reported profit of $655 million, or $8.45 per share. Revenue was reported as $6.93 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KBH at https://www.zacks.com/ap/KBH
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