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KB Home: Q4 EPS up 36%
(CercleFinance.com) - On Monday evening KB Home reported a 36% increase in Q4 2024 EPS to $2.
52 (ended November), with a homebuilding operating margin that improved by 60bp to 11.5%. NB: pmt +10.5%. Revenues rose by 19% to $2bn, driven mainly by a 17% increase in the number of homes delivered, to 3,978, while the average selling price rose by 3% to $501,000. Net orders rose by around 40%, as buyers continued to demonstrate a desire for home ownership and market conditions improved compared to last year, it said. Copyright (c) 2025 CercleFinance.com. All rights reserved. |
01/04/2025 18:31
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