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KB Home Profit Climbs In Q4

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

The company's bottom line totaled $96.84 million, or $0.96 per share. This compares with $84.34 million, or $0.84 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.94 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.6% to $1.35 billion from $1.40 billion last year.

KB Home earnings at a glance:

-Earnings (Q4): $96.84 Mln. vs. $84.34 Mln. last year.
-EPS (Q4): $0.96 vs. $0.84 last year.
-Analysts Estimate: $0.94
-Revenue (Q4): $1.35 Bln vs. $1.40 Bln last year.

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