KB Home (NYSE:KBH) reported third-quarter financial results after the market close on Tuesday. Here’s a look at the key metrics from the quarter.
Q3 Earnings: KB Home reported third-quarter revenue of $1.75 billion, beating analyst estimates of $1.728 billion. The U.S. homebuilder reported third-quarter earnings of $2.04 per share, beating analyst estimates of $2.02 per share.
KB Home has topped analyst estimates for revenue and earnings in seven consecutive quarters, according to Benzinga Pro.
Total revenue was up 10% year-over-year, while earnings grew 13%. KB Home delivered 3,631 homes in the quarter, up 8% year-over-year. Average selling price was $480,900, up ...
