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

Beazer Homes USA (NYSE:BZH) will post its quarterly earnings results after the market closes on Wednesday, May 1st. Analysts expect Beazer Homes USA to post earnings of $0.91 per share for the quarter. Parties that are interested in participating in 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 for the quarter, missing the consensus estimate of $0.71 by ($0.01). The company had revenue of $386.80 million for the quarter, compared to analysts’ expectations of $420.71 million. Beazer Homes USA had a net margin of 7.26% and a return on equity of 14.09%. The company’s revenue was down 13.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.80 earnings per share. 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 Trading Up 4.9 %

Shares of BZH stock opened at $27.88 on Wednesday. The business has a 50-day moving average of $30.02 and a 200 day moving average of $29.36. The stock has a market capitalization of $879.47 million, a PE 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. Beazer Homes USA has a 1-year low of $16.68 and a 1-year high of $35.93.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Wedbush increased their target price 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.

About Beazer Homes USA

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.