KB Home (KBH) Top Views As Higher Home Prices Boost Profits

Shares of KB Home (KBH) rose more than 4.5% at the close Friday in New York after the fifth-largest U.S. homebuilder reported second quarter revenue and EPS that easily topped Wall Street expectations. Reporting before the open, the Los Angeles-based company posted EPS of $0.27 on revenues of $565 million. That reversed a $.04 loss […] View the full post at: KB Home (KBH) Top Views As Higher Home Prices Boost Profits Related posts: Home Prices Continue to Decline Freddie Mac: Home Prices Declined 0.4 Percent in 2009 US Pending Home Sales Jump In April