* Beazer Homes USA Inc reported quarterly adjusted earnings of $1.69 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $1.80. The mean expectation of four analysts for the quarter was for earnings of $1.35 per share. Wall Street expected results to range from $1.32 to $1.37 per share.
* Revenue rose 24.9% to $806.16 million from a year ago; analysts expected $774.56 million.
* Beazer Homes USA Inc's reported EPS for the quarter was $1.69.
* The company reported quarterly net income of $52.06 million.
* Beazer Homes USA Inc shares had fallen by 6.2% this quarter and lost 5.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the homebuilding peer group is also "strong buy"
Wall Street's median 12-month price target for Beazer Homes USA Inc is $39.50 This summary was machine generated from LSEG data November 14 at 04:08 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.35 1.69 Beat
Jun. 30 2024 0.84 0.88 Beat
Mar. 31 2024 0.91 1.26 Beat
Dec. 31 2023 0.71 0.70 Missed
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