Implications of "Best Interest" Rule for Annuities
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
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Although the company reported higher net income and revenue, it missed analysts’ expectations.
The company’s third quarter profits increased 4% to $28.4 million, from $27.3 million last year. On a per share basis, earnings declined to 28 cents, from 30 cents last year. The upside in net income was primarily due to growth in home sales and higher selling prices. This upside was partially offset by a decline in home deliveries. Despite the overall increase in earnings, KBH missed analysts’ view of 40 cents per share.
Revenue
Revenue came in at $589.2 million, up from $549 in the same quarter last year. Analysts expected to see revenue of $646.8 million.
Ticker | Mutual Fund | Stake |
---|---|---|
FDVLX | Fidelity Value Fund | 4.25% |
FDFFX | Fidelity Independence | 2.87% |
SMVFX | RidgeWorth Mid-Cap Value Equity Fund | 2.29% |
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Aaron Levitt
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Justin Kuepper
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Check out the latest edition of mutual fund scorecard.
Find out why $30 trillon is invested in mutual funds.
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Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
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Although the company reported higher net income and revenue, it missed analysts’ expectations.
The company’s third quarter profits increased 4% to $28.4 million, from $27.3 million last year. On a per share basis, earnings declined to 28 cents, from 30 cents last year. The upside in net income was primarily due to growth in home sales and higher selling prices. This upside was partially offset by a decline in home deliveries. Despite the overall increase in earnings, KBH missed analysts’ view of 40 cents per share.
Revenue
Revenue came in at $589.2 million, up from $549 in the same quarter last year. Analysts expected to see revenue of $646.8 million.
Ticker | Mutual Fund | Stake |
---|---|---|
FDVLX | Fidelity Value Fund | 4.25% |
FDFFX | Fidelity Independence | 2.87% |
SMVFX | RidgeWorth Mid-Cap Value Equity Fund | 2.29% |
Receive email updates about best performers, news, CE accredited webcasts and more.
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
Justin Kuepper
|
Let’s take a look at what sets China apart from other emerging markets,...
News
Iuri Struta
|
Check out the latest edition of mutual fund scorecard.
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...