KB Home

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Other Pre-Announcement

KB Home Reports Q4 And Full Year 2021 Results

Published: 01/12/2022 21:34 GMT
KB Home (KBH) - Reports 2021 Fourth Quarter and Full Year Results.
Q4 Revenue Rose 40 Percent to $1.68 Billion.
Q4 Earnings per Share $1.91.
Net Order Value for Q4 Expanded by $184.3 Million, Or 12%, to $1.77 Billion.
Ending Backlog Grew 35% to 10,544 Homes at Quarter-end.
Qtrly Homes Delivered Rose 28% to 3,679.
Inventories Grew 23% to $4.80 Billion As of November 30, 2021.
Q4 Earnings per Share View $1.77, Revenue View $1.71 Billion -- Refinitiv Ibes Data (analyst estimates).
Qtrly Total Net Orders 3,529 Versus 3,937.
Sees 2022 Housing Revenues in Range of $7.20 Billion to $7.60 Billion.
Sees FY 22 Average Selling Price in Range of $480,000 to $490,000.