Beazer Homes USA Inc reports results for the quarter ended in January - Earnings Summary

Beazer Homes USA

02/08/2024 03:22

* Beazer Homes USA Inc  BZH.N  reported quarterly adjusted
earnings of 87 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of $1.42.  The mean expectation of four analysts
for the quarter was for earnings of 84 cents per share. Wall
Street expected results to range from 81 cents to 87 cents per
share.
    * Revenue rose 4% to $595.68 million from a year ago;
analysts
expected $597.61 million. 
    * Beazer Homes USA Inc's reported EPS for the quarter was 88
cents​.
    * The company reported quarterly net income of $27.21
million.
    * Beazer Homes USA Inc shares had risen by 22.5% this
quarter and
lost 0.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for Beazer Homes USA
Inc is $37.50 
This summary was machine generated from LSEG data August 2 at
02:22 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.84           0.87           Beat
 Mar. 31 2024      0.91           1.26           Beat
 Dec. 31 2023      0.71           0.70           Missed
 Sep. 30 2023      1.39           1.80           Beat