KB Home beats Wall Street estimates for earnings and revenue in Q4

KB Home (NYSE: KBH) said on Tuesday that its earnings and revenue in the fiscal fourth quarter topped Wall Street estimates despite the ongoing Coronavirus pandemic that has so far infected more than 23 million people in the United States and caused a little under 388 thousand deaths. Shares of the company were reported more than 1.5% up in extended trading on Tuesday. At £25.48 per share, KB Home has recovered more than 200% from a low of £8.09 per share in March 2020 when the COVID-19 crisis wreaked havoc on the U.S. housing market. KB Home’s Q4 financial results