KB Home (NYSE:KBH) reported quarterly earnings of $2.32 per share which beat the analyst consensus estimate of $2.01 by 15.42 percent. This is a 54.67 percent increase over earnings of $1.50 per share from the same period last year. The company reported quarterly sales of $1.72 billion which beat the analyst consensus estimate of $1.63 billion by 5.52 percent. This is a 19.36 percent increase over sales of $1.44 billion the same period last year.
Veritas Capital Agrees To Acquire Houghton Mifflin Harcourt For ~$2.8B
Houghton Mifflin Harcourt Co (NASDAQ:HMHC) has agreed to be acquired by certain affiliates of private investment firm Veritas Capital for an equity value…