Beazer Homes USA-Bear of the Day: Beazer Homes (BZH)

Beazer Homes USA ((BZH) reported their June quarter results on August 1, delivering revenue of $595.68 million, up 4% over the same period last year and EPS (earnings per share) of just$ 0.88, compared to $1.24 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of$ 599.12 million, representing a surprise of -0.57%, while EPS landed a positive surprise of +4.76% vs. the consensus estimate $0.84. But analysts have since taken down their profit projections sharply. For the c ...