KB Home’s revenue for the second quarter reached 1.11 billion dollars, surpassing analysts’ expectations of 1.1 billion dollars.

Delivered 2,395 homes in the second fiscal quarter, analysts expected 2,327. Second quarter earnings per share (EPS) were $0.43, compared to $1.50 in the same period last year. Full-year housing revenue is expected to be between $4.9 billion and $5.3 billion, previously the company had projected $4.8 billion to $5.5 billion. Third quarter deliveries are expected to be between 2,600 and 2,800 units, while analysts expected 2,823.