KB Home (KBH) Tops Q2 Earnings and Revenue Estimates

KB Home (KBH) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.45%. A quarter ago, it was expected that this homebuilder would post earnings of $1.56 per share when it actually produced earnings of $1.49, delivering a surprise of -4.49%.Over the last four quarters, the company has s ...