KB Home (KBH) Surpasses Q1 Earnings and Revenue Estimates

KB Home (KBH) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of$ 1.56 per share. This compares to earnings of $1.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.82%. A quarter ago, it was expected that this homebuilder would post earnings of$ 1.69 per share when it actually produced earnings of $1.85, delivering a surprise of 9.47%.Over the last four quarters, the company has su ...