Beazer Homes Usa Inc Stock Price, News & Analysis

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.

Beazer Homes USA, Inc. (NYSE: BZH) reported strong financial results for the second quarter of 2021, showcasing a net income of $24.6 million, doubling from $10.6 million in Q2 2020. Homebuilding revenue reached $547.4 million, a 12.2% increase, with gross margin improving to 17.8%. Adjusted EBITDA rose 46.2% to $64.2 million. The company anticipates earnings per share for fiscal 2021 to exceed $3.00, supported by a 54.9% increase in backlog value. With continued operational strength and a focus on ESG initiatives, Beazer aims to enhance profitability and shareholder returns.

Beazer Homes (NYSE: BZH) plans to release its financial results for Q1 2021 on April 29, 2021, after market close. A conference call will be held at 5:00 PM ET on the same day, where management will discuss the results. Investors can access the call via telephone or the Company’s Investor Relations website. Beazer Homes, a leading homebuilder based in Atlanta, offers personalized home designs through its Choice Plans and a Mortgage Choice program to help customers compare loan options, enhancing affordability.

Beazer Homes (NYSE: BZH) will present at the J.P. Morgan Global High Yield & Leveraged Finance Virtual Conference on March 1 at 10:45 am ET. Headquartered in Atlanta, Beazer is among the largest homebuilders in the U.S. The company offers homes designed for quality and comfort, featuring its Choice Plans™ for personalization at no extra cost. Beazer also provides a Mortgage Choice program, allowing customers to compare loan options for better savings. Homes are built in various states, including Arizona, California, Florida, and Texas.

Beazer Homes USA, Inc. (NYSE: BZH) reported strong fiscal Q1 2021 results, with net income rising to $12 million from $2.8 million in the same period last year. Adjusted EBITDA increased by 48.5% to $43.6 million. Homebuilding revenue grew 1.6% to $424.2 million, driven by a 1.4% rise in average selling price and slight increase in home closings. Notably, backlog value surged 58.8% to $1.16 billion, reflecting a solid demand environment. The company's gross margin improved significantly, while liquidity remained strong at $494.6 million.

Beazer Homes (NYSE: BZH) announced the release of its financial results for Q1 2021, ending December 31, 2020, scheduled for January 28, 2021, after market close. Management will host a conference call at 5:00 PM ET to discuss these results. Investors can access the call by phone or via the Company’s Investor Relations page. Beazer Homes is a leading homebuilder based in Atlanta, known for its customizable homes and Mortgage Choice program, helping buyers compare loan options effectively.

On December 8, 2020, Simplifi announced its partnership with Beazer Homes (NYSE: BZH) to supply wireless LTE routers for all new homes as part of Beazer's Network Ready program. This initiative, launched on October 1, provides new homeowners with immediate Internet access, addressing the often-overlooked process of connecting to service providers. Simplifi's router allows secure, high-speed Internet throughout the home and is managed remotely. This collaboration emphasizes Beazer's commitment to delivering a superior move-in experience.