KB Home reports $50 million net loss in Q4

Home builder KB Home today reported a net loss of $49.6 million, or 64 cents per diluted share in the fourth quarter, compared with net income of $304.4 million, or $3.44 per diluted share, in fourth-quarter 2005.

For the full year in 2006, KB Home reported a net income of $482.4 million, down 41 percent compared with $823.7 million in 2005.

On Nov.

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