KB Home (NYSE: KBH) reported revenues of $1.67 billion for the fourth quarter of 2023, compared to $1.94 billion reported in the same period a year ago.
Net income was $150.3 million, or $1.85 per share, compared to $216.4 million, or $2.47 per share, last year.
Homes delivered decreased 10% year-over-year to 3,407, and average selling price was $487,300, compared to $510,400 last year.
For the full year of 2024, KBH expects housing revenues of $6.40-6.80 billion. Average selling price is expected to range between $480,000-490,000.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Shopify’s (SHOP) Q1 2024 earnings results
Shopify Inc. (NYSE: SHOP) reported first quarter 2024 earnings results today. Revenue increased 23% to $1.9 billion compared to the prior-year period. Gross Merchandise Volume (GMV) increased 23% year-over-year to
EA Earnings: Electronic Arts reports lower revenues for Q4 2024
Video game publisher Electronic Arts (NASDAQ: EA) Tuesday reported a decline in revenues for the fourth quarter of 2024. Meanwhile, the top line came in slightly above analysts' estimates. Fourth-quarter
What to look for when Home Depot (HD) reports Q1 2024 earnings
Shares of The Home Depot (NYSE: HD) stayed red on Tuesday. The stock has gained 17% over the past 12 months. The home improvement retailer is scheduled to report its
