Q2 2022 Performance - New home orders decreased by 30.4% to 1,291[12] - Homebuilding revenue decreased by 7.3% to $507.2 million[12] - Closings decreased by 22.3% to 1,078[12] - Average selling price increased by 19.3% to $470.5k[12] - HB Gross Margin percentage increased by 460 bps to 26.8%[12] - Adjusted EBITDA increased by 20.5% to $77.4 million[12] - Net income from continuing operations increased by 81.3% to $44.7 million[12] FY2022 Expectations - The company expects EPS to be greater than or equal to $6.00, including approximately $0.40 in energy efficiency tax credits[14] - The company expects closings to be approximately 4,600[14] - The company expects Adjusted EBITDA to be up greater than 20%[14] - The company expects average selling price to be up approximately 20%[14]
Beazer Homes USA(BZH) - 2022 Q2 - Earnings Call Presentation