Beazer Homes USA Inc reports results for the quarter ended September 30 - Earnings Summary

Beazer Homes USA

14/11/2024 04:08

* Beazer Homes USA Inc  BZH.N  reported quarterly adjusted
earnings of $1.69​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of $1.80.  The mean expectation of four analysts
for the quarter was for earnings of $1.35 per share. Wall Street
expected results to range from $1.32  to $1.37 per share.
    * Revenue rose 24.9% to $806.16 million from a year ago;
analysts
expected $774.56 million. 
    * Beazer Homes USA Inc's reported EPS for the quarter was
$1.69​.
    * The company reported quarterly net income of $52.06
million.
    * Beazer Homes USA Inc shares had fallen by 6.2% this
quarter and
lost 5.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the homebuilding
peer
group is also "strong buy"

Wall Street's median 12-month price target for Beazer Homes USA
Inc is $39.50 
This summary was machine generated from LSEG data November 14 at
04:08 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
 Sep. 30 2024      1.35           1.69           Beat
 Jun. 30 2024      0.84           0.88           Beat
 Mar. 31 2024      0.91           1.26           Beat
 Dec. 31 2023      0.71           0.70           Missed