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Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:32 EDTKBHKB Home reports Q2 EPS 27c, consensus 20c
Reports Q2 revenue $565M, consensus $563.1M. The company delivered 1,751 homes in the current quarter, compared to 1,797 homes in the second quarter of 2013. The company’s quarter-end backlog value exceeded $1.00 billion for the first time since August 31, 2008. The company’s backlog was comprised of 3,398 homes at May 31, 2014, up 9% from 3,128 homes at May 31, 2013.
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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