Kaufman and Broad Home Corp. reported a 66% increase in second-quarter net income over the same period the previous year, attributing the increase to higher construction and mortgage volume.

The home builder said it made $28.6 million during the quarter and posted earnings of 58 cents a share, 3 cents above First Call estimates.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.