KB Homes Reports Q4 Results
Los Angeles, CA, January 10, 2019-KB Homes reported a net income increase of 15% YOY for Q4 2018 and a revenue decrease of 4%. Home deliveries increased slightly, while the average selling price fell 5% to $395,200.
For FY 2018, net income was $170.4, compared to $180.6 in FY 2017. Revenues for the year rose 4%. Home deliveries rose 4%, and the average selling price increased slightly to $399,200.