Beazer's Q1 homebuilding revenue falls due to lower home closings

Beazer Homes USA

29/01/2026 21:24

Overview

Homebuilder's Q1 homebuilding revenue fell 21.9% yr/yr due to lower home closings

Adjusted EBITDA for Q1 missed analyst expectations

Company repurchased $15.1 mln of its outstanding common stock

Outlook

Beazer Homes expects margin improvements through cost reductions and favorable mix impacts

Company plans to realign land portfolio and accelerate share repurchases

Beazer Homes aims to progress towards 2027 goals for community count and deleveraging

Result Drivers

DEMAND CHALLENGES - Persistent demand challenges and elevated incentives impacted Q1 results, according to CEO Allan P. Merrill

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Homebuilding Revenue
$359.70 mln
Q1 Adjusted EBITDA
Miss
-$11.20 mln
$2.77 mln (3 Analysts)
Q1 Homebuilding Gross Margin
10.40%
Q1 Homebuilding Adj. Gross Margin
10.80%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the homebuilding peer group is "hold."

Wall Street's median 12-month price target for Beazer Homes USA Inc is $25.00, about 6% above its January 28 closing price of $23.58

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBwvsbwqa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)