KB Home (NYSE:KBH) reported Q1 financial results with revenue of $1.47 billion and EPS of $1.76, both exceeding estimates. The company saw a 55% increase in net orders and a 58% increase in net order value. Despite a slight decrease in average selling price, inventories rose by 2% year-over-year. KB Home repurchased $50 million of its stock and ended the quarter with $1.75 billion in liquidity. The company anticipates full-year 2024 housing revenues between $6.5 billion and $6.9 billion, with average selling prices ranging from $480,000 to $490,000.