KB Home Increases Q2 Revenue by 30% YOY

Los Angeles, CA, June 27, 2016—KB Homes announced quarterly revenue of $811.1 million, or earnings per share of $0.18 for Q2 2016, compared to revenue of $623.0 million, or earnings per share of $0.10 for Q2 2015, an increase of 30%.

Deliveries grew 30% to 2,329 homes, reflecting double-digit increases in all four of the company's regions, and the average selling price increased 2% to $346,700.