secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2023-09-20T23:59:59+00:00
Accession:  0000795266-23-000095
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home Q3 EPS $1.80 beats guidance; net orders up 52% to 3,097
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- Revenue $1.59B, down from $1.84B YoY; diluted EPS $1.80 vs $2.86 YoY.
- Homebuilding operating margin 11.3% (ex-charges) down from 18.1% YoY.
- Net orders rose 52% to 3,097; cancellation rate improved to 21% from 35%.
- Repurchased 1.5M shares for $82.5M; quarterly dividend raised 33% to $0.20.
- FY 2023 guidance: housing revenue ~$6.31B, operating margin ~11.3%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526623000095/0000795266-23-000095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526623000095/kbh-20230920.htm
  HTML page:      https://secwatch.observer/filing/0000795266-23-000095

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