KB Home (KBH) shares climbed Tuesday, a day after the home builder reported ⛎better-than-expected results ജas deliveries jumped.

The company posted fourth-quarter earnings per share (EPS) of $2.52, with revenue up 19% from a year ago to $2 billion. Both figures exceeded analysts' forecasts compiled by Visible Alpha.

Homes delivered increased 17% to 3,978, and the average selling price rose 3% to $501,000. Homebuilding 澳洲幸运5官方开奖结果体彩网:operating income grew 27% to $229.1 million, and homebuilding 澳洲幸运5官方开奖结果体彩网:operating margin added 60 澳洲幸运5官方开奖结果体彩网:basis points (bps) to 11.5%.

CEO Jeffrey Mezger said the boost i𒆙n de🦄liveries was driven by faster construction times. He noted that new orders climbed by about 40% on continuing demand and improved market conditions, “despite ongoing mortgage interest rate headwinds.”

🍸Mezger added that the company spent more than $2.8 billion in 2024 on land purchases and development, and “we plan to increase our investment again in 2025.”

KB Home shares were up over 3% at $66.16 in intraday trading Tuesday and have added about 10% over the past 12 months.