10.01.2024 22:16:58 - dpa-AFX: KB Home Q4 Income Retreats, but beats estimates

WASHINGTON (dpa-AFX) - KB Home (KBH) reported a profit for fourth quarter
that decreased from last year but beat the Street estimates.

The company's earnings came in at $150.30 million, or $1.85 per share. This
compares with $216.41 million, or $2.47 per share, in last year's fourth
quarter.

Analysts on average had expected the company to earn $1.69 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 13.9% to $1.67 billion from $1.94
billion last year.

KB Home earnings at a glance (GAAP) :

-Earnings (Q4): $150.30 Mln. vs. $216.41 Mln. last year.
-EPS (Q4): $1.85 vs. $2.47 last year.
-Analyst Estimates: $1.69
-Revenue (Q4): $1.67 Bln vs. $1.94 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KB HOME DL 1 876635 Frankfurt 64,500 14.05.24 08:02:41 -0,500 -0,77% 64,500 65,000 64,500 65,000

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