Categories Earnings, Industrials

KB Home (KBH) Q1 2020 Earnings Snapshot

— KB Home (NYSE: KBH) reported first-quarter 2020 earnings of $0.63 per share vs. $0.44 expected.

— Revenue surged 33% to $1.08 billion vs. $955.5 million expected.

KB Home (KBH) Q1 2020 Earnings Infographic

— Due to the uncertainty surrounding the spread of COVID-19 and the unprecedented public health and governmental efforts to contain it, KB Home withdrew its guidance for fiscal 2020.

— Homes delivered grew 28% to 2,752, with increases in all four of the company’s regions.

— Net orders rose 31% to 3,495, with net order value up 35% to $1.38 billion.

— ending backlog rose 26% to 5,821 homes. Ending backlog value grew 28% to $2.12 billion, compared to $1.66 billion, reflecting increases in all four regions.

— KBH stock, which dropped 45% so far this year, rose about 8% immediately after the earnings announcement.

Most Popular

Infographic: Intuitive Surgical Q4 earnings results

Intuitive Surgical (NASDAQ: ISRG) reported fourth-quarter 2020 financial results after the regular market hours on Thursday. The robotic product's manufacturer reported fourth-quarter revenue of $1.33 billion, up 4% year-over-year. Meanwhile,

Infographic: Seagate Technology (STX) Q2 2021 earnings

Seagate Technology plc (NASDAQ: STX) reported second-quarter 2021 earnings results after the closing bell on Thursday.  Revenue increased to $2.62 billion from $2.69 billion last year. Analysts had expected revenue

IBM (IBM) Q4 2020 Earnings: Key financials and quarterly highlights

IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today. Revenue fell 6% year-over-year to $20.4 billion. GAAP net income fell over 60% to $1.3 billion, or $1.51 per

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