KB Home (KBH) CEO Jeff Mezger on Q4 2021 Results - Earnings Call Transcript

Jan. 12, 2022 9:16 PM ETKB Home (KBH) Stock
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Q4: 2022-01-12 Earnings Summary

10-K
EPS of $1.91 beats by $0.14 | Revenue of $1.68B (40.27% Y/Y) misses by $31.69M

KB Home (NYSE:KBH) Q4 2021 Earnings Conference Call January 12, 2022 5:00 PM ET

Company Participants

Jill Peters - SVP, IR
Jeff Mezger - Chairman, President and CEO
Matt Mandino - EVP and Co-COO
Rob McGibney - EVP and Co-COO
Jeff Kaminski - EVP and CFO
Bill Hollinger - SVP and Chief Accounting Officer
Thad Johnson - SVP and Treasurer

Conference Call Participants

Truman Patterson - Wolfe Research
Alan Ratner - Zelman & Associates
Stephen Kim - Evercore
Matthew Bouley - Barclay
Susan Maklari - Goldman Sachs
Michael Rehaut - JPMorgan
Michael Dahl - RBC

Operator

Good afternoon. My name is Alex. And I will be your conference operator today. I would like to welcome everyone to the KB Home 2021 Fourth Quarter Earnings Conference Call.

At this time, all participants are in a listen-only mode. Following the company's opening remarks we will open the lines for questions. Today's conference call is being recorded and will be available for replay at the company's website kbhome.com through February 12.

Now I would like to turn the call over to Jill Peters, Senior Vice President Investor Relations. Jill, you may begin.

Jill Peters

Thank you, Alex, good afternoon, everyone and thank you for joining us today to review our results for the fourth quarter of fiscal 2021.

On the call are Jeff Mezger, Chairman, President and Chief Executive Officer; Matt Mandino, and Rob McGibney Executive Vice Presidents and Co-Chief Operating Officers. Jeff Kaminski, Executive Vice President and Chief Financial Officer; Bill Hollinger, Senior Vice President and Chief Accounting Officer; and Thad Johnson, Senior Vice President and Treasurer.

During this call, items will be discussed that are considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future results and the company does not

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