Kirpal Kooner Nearly two years ago, in July of 2022, I wrote an article discussing the investment worthiness of homebuilder Beazer Homes USA (NYSE:BZH). At that time, I acknowledged that investors were right to be wary of the housing market. Rising interest rates and high inflation do not bode well for housing demand. But even in spite of that, shares of the company looked attractively priced, so much so that I could not help but to rate the company a 'buy'. This was in spite of the fact that the firm was a ...

Beazer Homes USA, Inc. (NYSE:BZH), the homebuilder based in the United States, has reported three quarters worth of financials after my previous article on the stock. The performance has mainly continued to perform in line with my prior expectations. In the previous article, titled "Beazer Homes: Better Resilience Than I Expected", I upgraded my rating on Beazer Homes into Buy as the company demonstrated better earnings resilience than I previously anticipated, making the valuation attractive. Since the art ...

Lake City, Colo., June 13, 2024 (GLOBE NEWSWIRE) -- The VISION House® Las Vegas project will provide a behind-the-scenes look at how Beazer Homes is meeting its industry-leading commitment to deliver 100% U.S. DOE Zero Energy Ready Homes by the end of 2025. The project will be built in the 61-unit Aria Crossing Neighborhood at Cadence in Las Vegas and will be open for tours during Design & Construction Week in February 2025. The project will feature one baseline model, one upgrade model, and one "deconstruc ...

Beazer Homes USA, Inc. (NYSE:BZH) Q2 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants David Goldberg – Senior Vice President and Chief Financial Officer Allan Merrill – President and Chief Executive Officer Conference Call Participants Julio Romero – Sidoti & Company Alex Rygiel – B. Riley Alan Ratner – Zelman & Associates Alex Barron – Housing Research Center Jay McCanless – Wedbush Operator Good afternoon and welcome to the Beazer Homes Earnings Conference Call for the Second Quar ...

For the quarter ended March 2024, Beazer Homes (BZH) reported revenue of $541.54 million, down 0.4% over the same period last year. EPS came in at $1.26, compared to $1.13 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $572.07 million, representing a surprise of -5.34%. The company delivered an EPS surprise of +38.46%, with the consensus EPS estimate being $0.91.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Beazer Homes (BZH) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 38.46%. A quarter ago, it was expected that this homebuilder would post earnings of $0.71 per share when it actually produced earnings of $0.70, delivering a surprise of -1.41%.Over the last four quarters, the company ...

Non-GAAP Homebuilding Gross Margin | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------|-------|----------------------------|------------------------------|-------|------------------------------------------|-------|-------|-------------------------------------------------------------------------|--------------------------------------------|-------|------------------------------------------|--------|----------------------------------------- ...

36 (a) Includes amortization of capitalized interest, capitalization and amortization of indirect costs, impairment of capitalized interest and capitalized indirect costs, when applicable, expenses related to numerous shared services functions that benefit all segments but are not allocated to the operating segments reported above, including information technology, treasury, corporate finance, legal, branding and national marketing, and certain other amounts that are not allocated to our operating segments. ...

Beazer Homes Reports Second Quarter Fiscal 2024 Results "Beazer delivered another successful quarter with strong sales, solid margins and growth in both our community count and our lot position," said Allan P. Merrill, the company's Chairman and Chief Executive Officer. "The combination of these factors and our careful management of overheads enabled us to generate nearly $59 million in adjusted EBITDA." Looking further out, Mr. Merrill concluded, "We remain optimistic for the years ahead given the persiste ...

In the constantly shifting stock market, some chances stand out as signs of future success. Three stocks provide exceptional chances for vital value growth.The first company has significantly increased net new orders, demonstrating its sales tactics and market positioning efficacy. The second one represents resilience and innovation in the entertainment sector. With that, it emphasizes financial fortification and the growth of its direct-to-consumer (DTC) segment.In the meantime, the third company’s steady ...