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Friday, 25 January 2008 05:00

This could be why KB Home shorts are so successful

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Tweet me!
Maybe if
the CEO's compensation was a little more aligned with the shareholder's
compensation, shareholders would be happier and short sellers would be
less prevalent. As it stands now, the CEO is getting paid more (much
more) than the entire company made for the year. I know what I would be
saying if I was a long shareholder...
Item 5.02
Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
(e) On
January 22, 2008, the Management Development and Compensation Committee
(the “Compensation Committee”) of KB Home (the “Company”) determined
fiscal 2007 bonuses for the Company’s Named Executive Officers, in the
amounts set forth below:

Named Executive Officer Title Fiscal 2007 Bonus
Jeffrey T. Mezger
President and Chief Executive Officer $ 6,000,000

Profitability
Profit Margin (ttm): -14.49%
Operating Margin (ttm): -18.96%
Management Effectiveness
Return on Assets (ttm): -10.33%
Return on Equity (ttm): -59.28%
Income Statement
Qtrly Revenue Growth (yoy): -41.60%
Gross Profit (ttm): 2.14B
EBITDA (ttm): -1.20B
Net Income Avl to Common (ttm): -1.41B
Diluted EPS (ttm): -12.04
Qtrly Earnings Growth (yoy): N/A

Stock Price History
Beta: 2.69
52-Week Change3: -54.49%
S&P500 52-Week Change3: -5.04%
52-Week High (02-Feb-07)3: 56.08
52-Week Low (09-Jan-08)3: 15.76
Tagged under
  • Earnings
  • Financial Shenanigans
  • Residential Real Estate

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More in this category: « GGP part 8 - The Final Anaysis: fire sale of prime properties Is this the Breaking of the Bear? »

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ReggieMiddletonReggieMiddleton: I will be taking the gloves off and going over Walll Street's #FB #IPO raping gangster style- Capital Account Show on RT, Friday 4:30pm

7 hours ago from TweetDeck

ReggieMiddletonReggieMiddleton: Wall Street's famed Chinese Wall http://t.co/9KcgsOdm

7 hours ago from TweetDeck

ReggieMiddletonReggieMiddleton: The "WHY" in a Facebook Muppet Manipulators suit: a step by step guide comparing my research to the top 4 underwriters http://t.co/Y74Mnx9n

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