Beazer Homes USA (BZH) Scheduled to Post Earnings on Wednesday

Beazer Homes USA (NYSE:BZH) is scheduled to be announcing its earnings results after the market closes on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.91 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Beazer Homes USA (NYSE:BZH) last issued its earnings results on Thursday, February 1st. The construction company reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.01). The firm had revenue of $386.80 million during the quarter, compared to analysts’ expectations of $420.71 million. Beazer Homes USA had a return on equity of 14.09% and a net margin of 7.26%. The business’s revenue was down 13.1% on a year-over-year basis. During the same quarter last year, the business earned $0.80 EPS. On average, analysts expect Beazer Homes USA to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Beazer Homes USA Stock Performance

Shares of BZH stock opened at $27.88 on Wednesday. The firm has a market capitalization of $879.47 million, a price-to-earnings ratio of 5.52 and a beta of 2.24. The company has a debt-to-equity ratio of 0.87, a current ratio of 13.95 and a quick ratio of 1.32. The business has a fifty day moving average of $30.02 and a 200 day moving average of $29.36. Beazer Homes USA has a 1 year low of $16.68 and a 1 year high of $35.93.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BZH. Wedbush increased their price target on Beazer Homes USA from $32.00 to $33.00 and gave the stock a “neutral” rating in a research report on Friday, February 2nd. StockNews.com raised Beazer Homes USA from a “sell” rating to a “hold” rating in a research report on Friday, March 29th.

Beazer Homes USA Company Profile

Beazer Homes USA, Inc operates as a homebuilder in the United States. It designs, constructs, and sells single-family and multi-family homes under the Beazer Homes, Gatherings, and Choice Plans names. The company also sells its homes through commissioned new home sales counselors and independent brokers in Arizona, California, Nevada, Texas, Indiana, Delaware, Maryland, Tennessee, Virginia, Florida, Georgia, North Carolina, and South Carolina.