Financial Results, Sale Completions, Upcoming Earnings, and Esteemed Recognitions - Analyst Notes on KB Home, Lennar, D.R. Horton, Tri Pointe Homes and Ryland

NEW YORK, July 2, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding KB Home (NYSE: KBH), Lennar Corporation (NYSE: LEN), D.R. Horton, Inc. (NYSE: DHI), Tri Pointe Homes, Inc. (NYSE: TPH) and Ryland Homes (NYSE: RYL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4360-100free.

--
KB Home Analyst Notes
On June 27, 2014, KB Home reported its Q2 FY 2014 financial results (period ended May 31, 2014). Total revenues increased 7.7% YoY to $565.0 million. The significant increase was attributable to the growth in the Company's housing revenues from higher average selling prices. Quarterly net income came in at $26.6 million, or $0.27 per diluted share, compared with quarterly net loss of $3.0 million, or $0.04 per diluted share, in Q2 FY 2013. According to the Company, the substantial increase in net income came from the higher revenues, expanded housing gross profit margin, and improved selling, and general and administrative expense ratio. Jeffrey Mezger, President and CEO, KB Home, said, "Reflecting the strong operational foundation we have established through the effective execution of our core strategies, we extended our trend of generating solid earnings improvement in the second quarter, and remain focused on accelerating profitable growth." The full analyst notes on KB Home are available to download free of charge at:

http://www.analystsreview.com/Jul-02-2014/KBH/report.pdf

--
Lennar Corporation Analyst Notes
On June 26, 2014, Lennar Corporation (Lennar) reported its Q2 FY 2014 financial results (period ended May 31, 2014). Quarterly revenues increased 27.5% YoY to $1.8 billion, primarily due to a 12% increase in the number of home deliveries, which excludes unconsolidated entities, plus a 14% increase in the average sales price of homes delivered. Net earnings stood fairly flat at $137.7 million or $0.61 per diluted share, compared with $137.4 million or $0.61 per diluted share in Q2 FY 2013. Commenting on the results, Stuart Miller, CEO of Lennar, said, "The fundamentals of the homebuilding industry remain strong driven by high affordability levels, favorable monthly payment comparisons to rentals and overall supply shortages. Demand in most of our markets continues to outpace supply, which is constrained by limited land availability." The full analyst notes on Lennar are available to download free of charge at:

http://www.analystsreview.com/Jul-02-2014/LEN/report.pdf

--
D.R. Horton, Inc. Analyst Notes
On June 27, 2014, D.R. Horton, Inc. (D.R. Horton) announced that it will release its Q3 FY 2014 financial results (period ended June 30, 2014) on July 24, 2014 before the market opens. The Company will host a conference call that same day at 10:00 a.m. ET. The call will be webcast and available at the Company's Investor Relations website, while its replay will also be accessible on the same day beginning 2:00 p.m. ET, until July 31, 2014, at the same location. The full analyst notes on D.R. Horton are available to download free of charge at:

http://www.analystsreview.com/Jul-02-2014/DHI/report.pdf

--
Tri Pointe Homes, Inc. Analyst Notes
On June 16, 2014, Tri Pointe Homes, Inc. (Tri Pointe Homes), in connection with the proposed combination with Weyerhaeuser Real Estate Company (WRECO), announced the completion of the sale of $450 million principal amount in each of its Senior Notes due 2019 at a fixed interest rate of 4.375%, and Senior Notes due 2024 at a fixed interest rate of 5.875%, through a private placement. The Company informed that the private placement was upsized from an initial proposed aggregate size of $800 million. The gross proceeds from the offering have been deposited into separate escrow accounts by WRECO, and will be released substantially concurrently with the consummation of TRI Pointe's proposed combination with WRECO and satisfaction of certain other conditions. Upon release, the proceeds are expected to be used to make certain payments to Weyerhaeuser Company and for general corporate purposes. The Senior Notes will be subjected to a special mandatory redemption in the event that TRI Pointe's proposed combination with WRECO is not consummated on or before November 4, 2014. The full analyst notes on Tri Pointe Homes are available to download free of charge at:

http://www.analystsreview.com/Jul-02-2014/TPH/report.pdf

--
Ryland Homes Analyst Notes
On June 25, 2014, Ryland Group Inc. (Ryland) announced that Ryland Homes received the ENERGY STAR Certified Homes Market Leader Award for its commitment to energy-efficient construction and diligence in protecting the environment. The award, formerly called the Leadership in Housing Award, recognizes organizations' work in promoting efficient construction. The Company said that its HouseWorks® program ensures the use of energy-efficient materials and features like low-E windows, ENERGY STAR® appliances, and low VOC paint. In 2013, Ryland Homes in Las Vegas built 403 ENERGY STAR® Certified new homes which resulted in a saving of $120,900 for homeowners on their monthly utility bills. The full analyst notes on Ryland are available to download free of charge at:

http://www.analystsreview.com/Jul-02-2014/RYL/report.pdf

--
About Analysts Review
We do things differently. Our goal is to provide the best content to our exclusive membership. We are constantly hiring researchers, writers, editors and analysts to add to our team and become better than yesterday. If being a part of a fast growing community with an edge in today's market sounds interesting to you, then sign-up today and experience the full benefits of membership.


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.analystsreview.com .

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.analystsreview.com .

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.analystsreview.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Analysts Review in this article or report according to the procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED