Categories AlphaGraphs, Earnings, Retail

Infographic: Highlights of KB Home’s (NYSE: KBH) Q4 2020 earnings report

Homebuilder KB Home (NYSE: KBH) reported lower earnings and revenues for the fourth quarter of 2020, reflecting the COVID-driven slump in demand. The results, meanwhile, topped expectations.

KB Home Q4 2020 earnings infographic

Fourth-quarter net profit dropped to $106.1 million or $1.12 per share from $123.2 million or $1.31 per share in the year-ago period but exceeded the consensus estimate. The weak bottom-line performance was the result of a 23% decrease in revenues to $1.19 billion. But the outcome was better than what experts had projected.

Homes delivered decreased to 2,876 during the three-month period from 3,929 in the prior-year quarter. Meanwhile, the average selling price moved up 5% to $413,700.


Read management/analysts’ comments on KB Home’s Q4 report


KB Home’s stock, which has gained 3% so far in 2021, closed Tuesday’s regular session higher. It gained further after the earnings report, in extended trading.

  • KB Home (KBH) Q2 2020 Earnings Infograph
  • KB Home (KBH) Q1 2020 Earnings Infograph
  • KB Home (KBH) reports mixed results for Q3 2019; stock reached new 52-week high today

Most Popular

Lyft (LYFT) expects average ride volumes to improve through Q1 2021

Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of

With new strategy in place, Target looks poised to tap growing online demand

Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered

Infographic: Dollar Tree’s (DLTR) performance in Q4

Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top