Tags: orders | profit | KB Home | loss

KB Home Posts Profit, Higher Orders

Wednesday, 19 Mar 2014 09:08 AM

KB Home, the fifth-largest U.S. homebuilder, reported a quarterly profit compared with a year-earlier loss and said new home orders rose.

Net income was $10.6 million, or 12 cents per share, in the first quarter ended Feb. 28 compared with a loss of $12.5 million, or 16 cents per share, a year earlier.

New home orders rose 6 percent to 1,765 units.

© 2017 Thomson/Reuters. All rights reserved.

 
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KB Home, the fifth-largest U.S. homebuilder, reported a quarterly profit compared with a year-earlier loss and said new home orders rose.
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2014-08-19
Wednesday, 19 Mar 2014 09:08 AM
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