KB Home

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Earnings Announcements

Kb Home Reports 2022 First Quarter Results

Published: 03/23/2022 20:19 GMT
KB Home (KBH) - Reports 2022 First Quarter Results.
Q1 Earnings per Share $1.47.
Q1 Revenue Rose 23 Percent to $1.4 Billion.
Qtrly Net Order Value Up 15% to $2.15 Billion.
Qtrly Homes Delivered Were Essentially Even at 2,868.
Sees 2022 Housing Revenues in Range of $7.20 Billion to $7.60 Billion.
Sees 2022 Average Selling Price in Range of $490,000 to $500,000.
Inventories Grew 8% to $5.20 Billion As of February 28, 2022 Compared to November 30, 2021.
Ending Backlog Value Grew 55% to $5.71 Billion at Quarter End.
Q1 Earnings per Share View $1.56, Revenue View $1.50 Billion -- Refinitiv Ibes Data (analyst estimates).
Ending Backlog Grew 29% to 11,886 Homes at Quarter End.
Revenue is expected to be $1.63 Billion
Adjusted EPS is expected to be $2.02

Next Quarter Revenue Guidance is expected to be $2.03 Billion
Next Quarter EPS Guidance is expected to be $3.01

More details on our Analysts Page.