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March 24, 2021, 4:34 p.m. EDT

KB Home stock slips as revenue comes in below Street view

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By Wallace Witkowski

KBH

KB Home /zigman2/quotes/206220859/composite KBH +1.02% shares declined in the extended session Wednesday after the home builder topped Wall Street estimates for earnings but not for revenue. KB Home shares declined 3.6% after hours, following a 0.1% rise in the regular session to close at $43.40. The company reported fiscal first-quarter net income of $97.5 million, or $1.02 a share, compared with $59.7 million, or 63 cents a share, in the year-ago period. Revenue rose to $1.14 billion from $1.08 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast 92 cents a share on revenue of $1.21 billion.

/zigman2/quotes/206220859/composite
US : U.S.: NYSE
$ 42.54
+0.43 +1.02%
Volume: 2.42M
Sept. 17, 2021 4:00p
P/E Ratio
9.54
Dividend Yield
1.41%
Market Cap
$3.88 billion
Rev. per Employee
$2.36M
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