Beazer Homes USA, Inc. ($BZH) 4Q20 Earnings Preview

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Beazer Homes USA, Inc. (NYSE:BZH) is reporting fourth quarter earnings results on Thursday 12th November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.58 per share.

For the full year, analysts predict revenues of $ 2062.30 million, while looking forward to income of $ 1.53 per share.

Previous Quarter Performance

Beazer Homes USA, Inc. posted income for the third quarter of $ 0.59 per share, from the revenue of $ 533.11 million. The quarterly earnings improved 55.26 percent compared with the same quarter last year. Street analysts expected Beazer Homes USA, Inc. to report loss of $ 0.09 per share on revenue of $ 427.40 million for the third quarter. The top line results outshined analysts by $ 105.71 million or 24.73 percent.

Stock Performance

Shares of Beazer Homes USA, Inc. traded up $ 0.27 or 2.00 percent on Wednesday, reaching $ 13.80 with volume of 325.10 thousand shares. Beazer Homes USA, Inc. has traded high as $ 13.81 and has cracked $ 13.23 on the downward trend

The closing price of $ 13.80, representing a 208.20 % increase from the 52 week low of $ 4.39 and a 21.47 % decrease over the 52 week high of $ 17.23.

The company has a market capital of $ 428.09 million and is part of the Consumer Cyclical sector and Residential Construction industry.

Conference Call

Beazer Homes USA, Inc. will be hosting a conference call at 5:00 PM eastern time on 12th November 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, 800-475-0542 Toll Free, (United States) or 517-308-9429 Toll Number, when prompted, enter passcode 8571348 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.beazer.com

Beazer Homes USA, Inc. operates as a homebuilder in the United States. The company designs, constructs, and sells single-family and multi-family homes for entry-level, move-up, or retirement-oriented home buyers under the Beazer Homes, Gatherings, and Choice Plans names.