KB Home (NYSE:KBH) announced that it lost $45.8 million, or 59 cents per share, down from $114.5 million, or $1.49 per share, in the same period last year. Revenue increased by 29 percent to $254.6 million. Orders dropped by 8 percent to 1,197 homes during the quarter.
Competitors include Lennar (NYSE:LEN) and Toll Brothers (NYSE:TOL).
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.