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KB Home Reports 125% Advance In Q4 Earnings

KB Home (KBH) revealed earnings for its fourth quarter that advanced from last year.

The company said its bottom line climbed to $84.35 million, or $0.84 per share. This was up from $37.53 million, or $0.40 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.77 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.6% to $1.40 billion. This was up from $1.19 billion last year.

KB Home earnings at a glance:

-Earnings (Q4): $84.35 Mln. vs. $37.53 Mln. last year.
-Earnings Growth (Y-o-Y): 124.8%
-EPS (Q4): $0.84 vs. $0.40 last year.
-EPS Growth (Y-o-Y): 110.0%
-Analysts Estimate: $0.77
-Revenue (Q4): $1.40 Bln vs. $1.19 Bln last year.
-Revenue Change (Y-o-Y): 17.6%

by RTT Staff Writer

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