KB Home (NYSE:KBH) reported quarterly earnings of $0.43 per share which missed the analyst consensus estimate of $0.45 by 4.44 percent. This is a 71.33 percent decrease over earnings of $1.50 per share from the same period last year. The company reported quarterly sales of $1.112 billion which beat the analyst consensus estimate of $1.098 billion by 1.31 percent. This is a 27.32 percent decrease over sales of $1.530 billion the same period last year.