KB Home: Fiscal Q3 Earnings Snapshot

September 21, 2022 GMT

LOS ANGELES (AP) _ KB Home (KBH) on Wednesday reported fiscal third-quarter profit of $255.3 million.

On a per-share basis, the Los Angeles-based company said it had profit of $2.86.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.69 per share.

The homebuilder posted revenue of $1.84 billion in the period, which did not meet Street forecasts. Five analysts surveyed by Zacks expected $1.86 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KBH at https://www.zacks.com/ap/KBH