Beazer Homes USA Inc expected to post earnings of 84 cents a share - Earnings Preview

Beazer Homes USA

31/07/2024 24:42

* Beazer Homes USA Inc  BZH.N   BZH  is expected to show a
rise in
quarterly revenue when it reports  results on August 1 for the
period ending June 30 2024
    * The Atlanta Georgia-based  company is expected to report a
4.4% increase in revenue to $597.614 million from $572.54
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Beazer Homes USA Inc is
for
earnings of 84 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Beazer
Homes USA
Inc is $37.50​, above​ its last closing price of $34.05. ​​​

The company's guidance on May 1 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of of 50 million.The company's guidance on May 1
2024 for the period ended June 30 was for gross profit margin of
20%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.91        0.91       1.26      Beat    38.3
 Dec. 31 2024  0.71        0.71       0.70      Missed  -1
 Sep. 30 2023  1.39        1.39       1.80      Beat    29.5​
 Jun. 30 2023  0.88        0.88       1.42      Beat    60.9
 ​​Mar.        0.82        0.82       1.13      Beat    37.9
 31 2023                                                
 Dec. 31 2022  0.74        0.74       0.83      Beat    11.7​
 Sep. 30 2022  2.04        2.06       2.82      Beat    36.9
 Jun. 30 2022  1.44        1.42       1.76      Beat    24.2
 This summary was machine generated July 30 at 23:42 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)