KB Home (KBH) Q2 Earnings and Revenues Beat Estimates

KB Home (KBH) came out with quarterly earnings of $2.15 per share, beating the Zacks Consensus Estimate of$ 1.78 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.79%. A quarter ago, it was expected that this homebuilder would post earnings of$ 1.56 per share when it actually produced earnings of $1.76, delivering a surprise of 12.82%.Over the last four quarters, the company has s ...