KB Home (NYSE: KBH) reported revenues of $2 billion for the fourth quarter of 2024, up 19% from the same period a year ago.
Net income rose 27% to $190.6 million and earnings per share grew 36% to $2.52 compared to last year.
Homes delivered increased 17% to 3,978 while average selling price rose 3% to $501,000.
Net orders increased 41% reaching 2,688 and ending backlog homes totaled 4,434.
For full-year 2025, the company expects housing revenues to range between $7.00-7.50 billion and average selling price to range between $488,000 and $498,000.
The post KB Home (KBH) Q4 2024 Earnings: Key financials and quarterly highlights first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
