Durabuilders llc posted KB Home Reports 2019 Third Quarter Results Durabuilders llc Lakewood, NJ:

KB Home Reports 2019 Third Quarter Results

Revenues Total $1.16 Billion Net Income of $68.1 Million, or $.73 Per Diluted Share Net Orders Increase 24%; Backlog Units Up 14% KB Home (NYSE: KBH) today reported results for its third quarter ended August 31, 2019. “We are extremely pleased with the strength of our third quarter results, led by a 24% rise in net orders, with double-digit increases in each of our four regions. Our net order growth was driven by both significant community count expansion and a higher absorption rate, a key operational metric where we have long been an industry leader,” said Jeffrey Mezger, chairman, president…

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