On March 25th, the first quarter EPS of US residential construction company KB Home (KBH) was $1.49, with analysts expecting $1.58; The first quarter revenue was 1.39 billion US dollars, with analysts expecting 1.5 billion US dollars; 2770 units (housing) were delivered in the first quarter, with analysts expecting 2996 units. Appoint Robert R. Dillard as Chief Financial Officer (CFO). The company expects its annual housing revenue to be between 6.6 billion and 7 billion US dollars, compared to the original estimate of 7 billion to 75 billion US dollars. The US stock market fell 11.8% after trading.
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