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KB Home Q2 Profit Climbs

KB Home (KBH) revealed a profit for its second quarter that advanced from last year.

The company's bottom line totaled $143.36 million, or $1.50 per share. This compares with $51.99 million, or $0.55 per share, in last year's second quarter.

Analysts had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 58.2% to $1.44 billion from $0.91 billion last year.

KB Home earnings at a glance:

-Earnings (Q2): $143.36 Mln. vs. $51.99 Mln. last year.
-EPS (Q2): $1.50 vs. $0.55 last year.
-Analysts Estimate: $1.31
-Revenue (Q2): $1.44 Bln vs. $0.91 Bln last year.

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