KB 3rd-QTR Loss Is $144.7 Million

From BIG BULDER, this staff report: KB Home early Friday reported a net loss of $144.7 million, or $1.87 per diluted share, for its fiscal third quarter as revenues declined 56% to$668.3 million on a 51% decrease in homes delivered, to 2,788, and a 10% decrease in the average selling price, to $239,700. Analysts were expecting a loss of $1.22 per share. Read the complete article.

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