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BRIEF-KB Home Q1 Adjusted Earnings Per Share $0.40 Excluding Items

March 22 (Reuters) - KB Home:

* REPORTS 2018 FIRST QUARTER RESULTS

* Q1 ADJUSTED EARNINGS PER SHARE $0.40 EXCLUDING ITEMS

* Q1 LOSS PER SHARE $0.82

* Q1 EARNINGS PER SHARE VIEW $0.28 -- THOMSON REUTERS I/B/E/S

* QTRLY NET ORDER VALUE ROSE 8% TO $1.17 BILLION

* QTRLY TOTAL REVENUES INCREASED 6% TO $871.6 MILLION

* 8% INCREASE IN NET ORDERS TO 2,784 IN QUARTER

* QTRLY DELIVERIES WERE FLAT AT 2,223 HOMES

* QTRLY NUMBER OF HOMES IN BACKLOG INCREASED 4% TO 4,972.

* QUARTER-END INVENTORIES INCREASED 5% TO $3.44 BILLION, WITH INVESTMENTS IN LAND ACQUISITION AND DEVELOPMENT TOTALING $465.0 MILLION FOR QUARTER

* Q1 REVENUE VIEW $873.7 MILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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