secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2023-01-11T23:59:59+00:00
Accession:  0000795266-23-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home Q4 revenue up 16% to $1.94B, EPS $2.47; net orders plummet 80% as cancellations spike to 68%
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- Q4 diluted EPS $2.47 (+29% YoY) on revenue $1.94B (+16%).
- Net orders fell to 692 from 3,529; cancellation rate of 68% vs 13% a year ago.
- Backlog units down 27% to 7,662; value $3.69B (-25%).
- Q1 2023 guidance: housing rev $1.25B-$1.40B; operating margin 9.5%-10.5% (excl. charges).
- Full year 2023 housing rev guidance $5B-$6B; reflects cautious outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526623000004/0000795266-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526623000004/kbh-20230111.htm
  HTML page:      https://secwatch.observer/filing/0000795266-23-000004

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