WASHINGTON (dpa-AFX) - KB Home (KBH) reported a profit for its first quarter
that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $138.67 million, or $1.76 per share. This
compares with $125.50 million, or $1.45 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.57 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.5% to $1.47 billion from $1.38
billion last year.

KB Home earnings at a glance (GAAP) :

-Earnings (Q1): $138.67 Mln. vs. $125.50 Mln. last year.
-EPS (Q1): $1.76 vs. $1.45 last year.
-Revenue (Q1): $1.47 Bln vs. $1.38 Bln last year.

-Guidance:
Full year revenue guidance: $6.50 - $6.90 Bln


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