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KB Home (KBH) Set A New High After Q4 Profit Surpassed Expectations
1/12/2018 7:00 AM

KB Home (KBH) reported fourth quarter EPS of $0.84 after the close Wednesday, up from $0.40 in the prior year period. Street expectations were for EPS of $0.77.

KB Home gapped open higher Thursday and climbed for the majority of the morning. The stock ended the day with a gain of 4.23 at $38.58 on the highest volume of the year. KB Home has been rising for the past 2 weeks and set a new high for the year.

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