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Benzinga
Benzinga
Business
Akanksha Bakshi

KB Home Stock Slips After Missing Q4 Expectations

KB Home (NYSE:KBH) reported first-quarter revenue growth of 23% year-over-year to $1.39 billion, missing the consensus of $1.50 billion. EPS grew 44% Y/Y to $1.47, missing the consensus of $1.56.

Homes delivered were flat at 2,868, and the average selling price rose 22% Y/Y to $486,100.

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