secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2022-09-21T23:59:59+00:00
Accession:  0000795266-22-000086
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home Q3 revenue $1.84B, EPS $2.86 up 79%; net orders drop 50% as cancellation rate hits 35%
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- Revenue $1.84B (+26% YoY), diluted EPS $2.86 (+79%).
- Homebuilding operating margin 17.7% (+610 bps); gross margin 26.7% (+520 bps).
- Net orders 2,040 (-50%); cancellation rate 35% vs 9% year ago.
- Ending backlog value $5.26B (+9%); community count 221 (+8%).
- Guidance Q4: housing revenue $1.95-2.05B, gross margin 25-26%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526622000086/0000795266-22-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526622000086/kbh-20220921.htm
  HTML page:      https://secwatch.observer/filing/0000795266-22-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer