Beazer Homes Usa Inc Stock Price, News & Analysis

Beazer Homes USA, Inc. (NYSE: BZH) reported strong Q2 2022 results with net income rising to $44.7 million, or $1.45 per diluted share, an increase from $24.6 million a year earlier. The company experienced a decrease in homebuilding revenue to $507.2 million, down 7.3%, driven by a 22.3% drop in home closings. Despite supply chain challenges and declining new orders by 30.4%, which fell to 1,291, Beazer forecasts FY 2022 earnings per share of at least $6.00. Their backlog value increased 14.2% to $1.58 billion, indicating ongoing demand.

Beazer Homes (NYSE: BZH) is set to release its financial results for the quarter ending March 31, 2022 on April 28, 2022, after market close. A conference call will follow at 5:00 PM ET to discuss these results. The public can access the call via the Investor Relations page of Beazer's website or by phone at 800-475-0542, entering pass code “8571348.” A replay will be available until May 5, 2022. Beazer Homes operates across multiple states, focusing on delivering customizable homes and mortgage choices for their customers.

Beazer Homes USA (BZH) reported strong Q1 results for the fiscal year ending December 31, 2021, with net income rising to $34.9 million ($1.14 per share), compared to $12 million ($0.40 per share) last year. The company achieved a 40.1% increase in adjusted EBITDA, reaching $61.1 million. Homebuilding revenue rose 5.3% to $446.7 million, driven by a 15.1% increase in average selling price to $438.4 thousand. The dollar value of backlog increased 20.9% to $1.405 billion, reflecting strong demand despite challenges in labor and material availability.

Beazer Homes (NYSE: BZH) will release its financial results for the quarter ending December 31, 2021 on January 27, 2022, after market close. A conference call is scheduled for 5:00 PM ET on the same day to discuss the results. The public can access the call via the company's website or by phone.

Beazer Homes is recognized as one of the largest homebuilders in the U.S., offering home personalization options and mortgage choice programs to enhance customer savings.

Beazer Homes USA (NYSE: BZH) reported strong fiscal 2021 results, with net income more than doubling to $122.2 million ($4.01 per share) and adjusted EBITDA rising by 28.5% to $262.7 million. Homebuilding revenue reached $2.1 billion, up 0.5%, despite a 3.7% decline in home closings. The company anticipates earnings per share exceeding $5.00 in fiscal 2022, bolstered by a strong backlog valued at $1.28 billion and an active lot position of 21,987. However, net new orders fell by 11.6%, reflecting challenges in the housing market due to supply chain issues and affordability concerns.

Beazer Homes (NYSE: BZH) will announce its financial results for the quarter ending September 30, 2021 on November 10, 2021, after market close. A conference call will follow at 5:00 PM ET to discuss the results. Investors can access the call via phone or through the Investor Relations section on Beazer's website. The replay will be available until 10:00 PM ET on November 17, 2021.

Beazer Homes USA (BZH) reported strong financial results for Q3 and the nine months ended June 30, 2021. Net income surged to $37.1 million ($1.22 per share), more than doubling from $15.3 million ($0.51 per share) last year. Adjusted EBITDA increased by 45.9% to $78.8 million. Homebuilding revenue rose 6.5% to $566.9 million, reflecting a 5.5% increase in average selling price. Despite a 12.6% decline in net new orders to 1,199 homes, backlog value soared 53.1% to $1.35 billion. The company anticipates FY2021 EPS exceeding $3.25 and projects double-digit growth in FY2022.

Beazer Homes (NYSE: BZH) announced that it will release its financial results for the quarter ended June 30, 2021, on July 29, 2021, after market close. A conference call is scheduled for the same day at 5:00 PM ET, where management will discuss the results. Interested parties can access the call and accompanying slide presentation via the company's investor relations page. Beazer Homes emphasizes its commitment to providing high-quality homes with choices that save customers money on loans through their Mortgage Choice program.