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March 19, 2014
08:42 EDTKBHKB Home reports Q1 EPS 12c, consensus 8c
Reports Q1 revenue $450.7M, consensus $435.30M. The company delivered 1,442 homes in the current quarter, compared to 1,485 homes delivered 1Q13. The company generated Q1 homebuilding operating income of $17.7M, up from $.5M in the year-earlier quarter. The overall value of net orders for Q1 was $600.2M, up 18% from $506.8M for the year-earlier quarter. The company said, "Potential future housing revenues in backlog at February 28 increased 21% to $851.6M from $703.9M at February 28, 2013, reflecting both a greater number of homes in backlog and a higher average selling price."
News For KBH From The Last 14 Days
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May 27, 2015
10:01 EDTKBHKB Home acquires property in Broomfield's North Park community
KB Home announced that it has acquired land from McWhinney, a Colorado-based real estate investment, management and development company, for a new KB Home community within the highly desirable North Park development in Broomfield. Land development is currently underway, with plans to open the new community this fall. KB Home currently plans to build 96 paired homes at North Park, offering four two-story floor plans that range in size from 1,443 to 1,682 square feet, can accommodate up to four bedrooms, two-and-a-half baths, and feature two-car garages. All KB homes at North Park will be built to exacting ENERGY STAR guidelines, making them among the most energy-efficient new homes available today. Pricing is anticipated to begin in the mid-$300,000s.
May 19, 2015
07:34 EDTKBHJPMorgan to hold a conference
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