Industry News

KB Home revenue up 22% in second quarter

Slowing market forces builder to lower earnings expectations
Published on Jun 19, 2006

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by CareyBot

Home builder KB Home has reported $2.59 billion total revenues in the second quarter, up 22 percent from second-quarter 2005. The company also lowered its full-year earnings forecast to $10 per diluted share, which would be a 5 percent increase ...