Homebuilder KB Residence (NYSE: KBH) on Monday introduced monetary outcomes for the primary quarter of 2025, reporting decrease revenues and revenue. The underside line fell wanting expectations.
First-quarter web earnings decreased to $109.6 million or $1.49 per share from $138.7 million or $1.76 per share within the comparable interval of 2024 and missed estimates.
Q1 income decreased 5% year-over-year to $1.39 billion. Complete residence deliveries have been 2,770 and web residence orders have been 2,772, respectively, through the three months.
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