Beazer: Fiscal Q3 Earnings Snapshot

Published 5:28 pm Thursday, August 1, 2024

ATLANTA (AP) — ATLANTA (AP) — Beazer Homes USA Inc. (BZH) on Thursday reported fiscal third-quarter net income of $27.2 million.

The Atlanta-based company said it had net income of 88 cents per share.

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The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.

The homebuilder posted revenue of $595.7 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $599.1 million.

Beazer shares have fallen 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $32.73, a fall of 5% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BZH at https://www.zacks.com/ap/BZH