Beazer Homes Usa Inc Stock Price, News & Analysis

Beazer Homes (NYSE: BZH) will release its financial results for the quarter ending March 31, 2023, on April 27, 2023, post market close. A conference call will be held the same day at 5:00 PM ET to discuss the results. Investors can access the call by telephone or through the company's Investor Relations webpage. Beazer is one of the largest homebuilders in the U.S., focusing on offering quality homes with customizable options and competitive mortgage solutions to enhance affordability. For more details, visit www.beazer.com.

Beazer Homes USA, Inc. (NYSE: BZH) announced its financial results for the three months ending December 31, 2022, achieving a net income of $24 million and earnings per share of $0.80 despite a challenging new home sales environment. The company faced a significant 57.8% drop in net new orders, totaling 482, due to high mortgage rates affecting affordability. Homebuilding revenue remained relatively stable at $444.1 million, with a slight decrease of 0.6%. However, adjusted EBITDA decreased by 22.9% to $47.1 million. The backlog value fell by 33%, demonstrating ongoing challenges in the housing market.

Beazer Homes (NYSE: BZH) will announce its financial results for the quarter ending December 31, 2022 on February 2, 2023, post-market close. A conference call will take place at 5:00 PM ET on the same day to discuss these results. Participants can access the call via the Company's website or by phone at 800-475-0542 with pass code “8571348.” A replay will be available until 10:00 PM ET on February 9, 2023. Beazer specializes in customizable homebuilding.

Beazer Homes USA, Inc. (NYSE: BZH) reported strong financial results for fiscal year 2022, with net income from continuing operations of $220.7 million or $7.17 per diluted share, up significantly from $122.2 million or $4.01 the previous year. Adjusted EBITDA rose 40.9% to $370.1 million. However, despite increased revenues of $2.3 billion, new home orders dropped 27% to 4,061, reflecting a challenging sales environment due to rising mortgage rates. The company's book value exceeded $30 per share, and it reduced debt to below $1 billion.

Beazer Homes (NYSE: BZH) will announce its financial results for the quarter ending September 30, 2022, on November 10, 2022, post-market close. Management will host a conference call on the same date at 5:00 PM ET to discuss these results. Investors can access the live call via the company's Investor Relations page or by phone. A replay will be available until November 18, 2022. Beazer Homes is recognized as one of the largest homebuilders in the U.S., focusing on quality homes and customer flexibility in financing options.

Beazer Homes USA, Inc. (BZH) reported strong financial results for Q3 2022, with net income of $54.3 million ($1.76 per diluted share), up from $37.1 million ($1.22 per diluted share) in Q3 2021. Homebuilding revenue reached $523.2 million, a 7.7% decrease due to a 24.3% drop in home closings, offset by a 21.9% increase in average selling price to $501.7 thousand. Backlog value increased by 17.2% to $1.588 billion, driven by a 22% rise in average selling price in backlog. The company anticipates full-year EPS of approximately $6.50, with plans to reduce debt below $1 billion by year-end.

Beazer Homes (NYSE: BZH) will release its financial results for the quarter ending June 30, 2022 on Thursday, July 28, 2022, after the market closes. A conference call to discuss these results will take place at 5:00 PM ET on the same day. The call will be accessible via the Company's website and by phone using the pass code “8571348.” A replay will be available until August 4, 2022. Beazer Homes is a leading homebuilder known for its personalized living options and Mortgage Choice program, helping customers save on home loans.