Beazer Homes USA Inc reports results for the quarter ended June 30 - Earnings Summary

• Beazer Homes USA Inc BZH.N reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of five analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 40 cents to 43 cents per share.

• Revenue fell 8.4% to $545.37 million from a year ago; analysts expected $559.05 million.

• Beazer Homes USA Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $324 thousand.

• Beazer Homes USA Inc shares had risen by 4.7% this quarter and lost 14.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 59.2% 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 "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the homebuilding peer group is "hold."

• Wall Street's median 12-month price target for Beazer Homes USA Inc is $32.00, about 26.6% above its last closing price of $23.50

This summary was machine generated from LSEG data July 31 at 09:56 p.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)