secwatch.observer — SEC 8-K summary
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Issuer:     KB HOME (KBH)
CIK:        0000795266
Form:       8-K
Filed at:   2024-01-10T23:59:59+00:00
Accession:  0000795266-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KB Home Q4 revenues $1.67B, EPS $1.85; net orders surge 176% YoY
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- Q4 revenues $1.67B (down from $1.94B YoY); diluted EPS $1.85 (down from $2.47).
- Full-year FY2023 revenues $6.41B, diluted EPS $7.03; book value per share $50.22 (+15% YoY).
- Net orders up 176% to 1,909; cancellation rate improved to 28% from 68%.
- Repurchased 3.6M shares in Q4 ($161.8M); total 9.2M shares in 2023 at avg $44.51.
- FY2024 guidance: housing revenue $6.4-6.8B, operating margin ~11%, community count ~270 (+12%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795266/000079526624000004/0000795266-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795266/000079526624000004/kbh-20240110.htm
  HTML page:      https://secwatch.observer/filing/0000795266-24-000004

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