READ MOREKB Home bottom line for the fourth quarter rose to $96.8 million or $0.96 per share from $84.3 million or $0.84 per share last year.
The company's revenue for the quarter fell 3.6% to $1.35 billion from $1.40 billion last year. Analysts had a consensus revenue estimate of $1.35 billion.
Deliveries for the quarter increased slightly to 3,389 homes, while average selling price declined 5% to $395,200 due primarily to a shift in geographic mix of homes delivered. ■