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KB Home (KBH) Has Risen To A New High On Strong Q4 Earnings

KB Home (KBH) reported fourth quarter EPS of $0.84 after the close Wednesday, up from $0.40 in the prior year period. Street expectations were for EPS of $0.77.

KB Home has gapped open higher Thursday morning and is now up 1.74 at $36.09. The stock has been gaining ground for over 2 weeks and has set a new high for the year.

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