KB Home (KBH) Q2 Earnings & Revenues Top Estimates, Stock Up

KB Home (KBH) reported impressive results in the second quarter of fiscal 2024 (ended May 31, 2024). Both earnings and revenues beat the Zacks Consensus Estimate. Shares of this leading homebuilder rose 2.2% in the after-market trading session on Jun 18.On an encouraging note, earnings increased on a year-over-year basis despite a revenue decline.Leveraging the advantages of its Built to Order model, which provides buyers with choices, flexibility and affordability, the company is confident in its ability t ...