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Stock Market & Financial Investment News

News Breaks
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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October 20, 2014
07:51 EDTKBHKB Home initiated with a Buy at Buckingham
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October 13, 2014
10:08 EDTKBHOn The Fly: Analyst Upgrade Summary
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07:11 EDTKBHKB Home upgraded to Neutral from Sell at Compass Point
Compass Point upgraded KB Home to Neutral citing relative valuation and focus on lower price points. Price target raised to $15.50 from $13.50.
October 10, 2014
09:30 EDTKBHKB Home upgraded to Outperform from Sector Perform at FBN Securities
FBN Securities upgraded KB Home to Outperform based on relative valuation and increased balance sheet leverage.

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