KB Home reported strong Q4 FY2024 financial results, with adjusted earnings per share (EPS) of $2.52, surpassing the $2.39 estimate and marking a 36.22% year-over-year increase. Revenue reached $2.00 billion, exceeding the $1.987 billion estimate and reflecting a 19.47% year-over-year growth. The company delivered 3,978 homes during the quarter, a 17% increase, and recorded a 41% rise in net orders, achieving its highest-ever customer satisfaction levels. KB Home also highlighted its significant investments in land acquisition and development, totaling $744 million in Q4, a 54% year-over-year increase, and $2.8 billion for the year, representing a $1 billion annual increase. The stock rose 9.9% in pre-market trading and ended after-hours trading up 11.5%, marking its largest single-day reaction since 2021.