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KB Home Q2 profit beats estimates

Posted by   /  June 27, 2019  /  No Comments

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Deliveries, orders and backlog all increase.

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KB Home (NYSE: KBH) after market close Wednesday reported net income of $47.5 million, or $.51 per diluted share, for its second quarter ended May 31, 2019. The gain compared to $57.3 million, or $.57 per diluted share in the prior-year quarter. The gain beat analyst expectations for a net of $0.39 per share.

Shares of KBH shot up nearly 6% to $24.94 in after-market trading Wednesday.

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  • Published: 3 months ago on June 27, 2019
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  • Last Modified: June 27, 2019 @ 8:00 am
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