Latest KB Home News

Market for newly built homes slows as elevated mortgage rates put off many home shoppers

Jun. 27, 2024 16:07 PM EDT

LOS ANGELES (AP) — Homebuilders who bucked the worst of last year’s housing slump may be seeing their luck run out. After showing signs of strengthening early this year, sales of new U.S. homes fell in April and May from a year earlier by 7.7% and 16.5%, respectively. ...

Accenture, KB Home rise; Snap, Jabil fall, Thursday, 6/20/2024

Jun. 20, 2024 16:20 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Accenture Plc., up $20.81 to $306.16. The consulting company raised part of its revenue forecast for the year. Snap Inc., down 41 cents to $15.39. ...

KB Home: Fiscal Q2 Earnings Snapshot

Jun. 18, 2024 16:22 PM EDT

LOS ANGELES (AP) — LOS ANGELES (AP) — KB Home (KBH) on Tuesday reported fiscal second-quarter earnings of $168.4 million. The Los Angeles-based company said it had profit of $2.15 per share. The results beat Wall Street expectations. The average estimate of six...