Beazer Homes Reports First Quarter Fiscal 2016 Results
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UBS Remains Confident as Beazer Homes (BZH) Remains on Track to Drive Improved Results - Reiterates Buy
February 5, 2016 9:35 AM ESTUBS maintained a Buy rating on Beazer Homes (NYSE: BZH), and cut the price target to $12.00 (from $13.00), following the company's 1Q earnings report. UBS continues to believe Beazer remains on track to drive improved results over the next few years as the current recovery in housing further unfolds. Confidence in the ongoing turnaround reflects views that... More
Beazer Homes (BZH) Surges on Strong Q1 Results
February 4, 2016 10:57 AM ESTBeazer Homes (NYSE: BZH) is a big mover following better-than-expected first quarter earnings this morning. Shares are now up 18.9%.
Beazer reported Q1 EPS of $0.03, $0.10 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $344.45 million versus the consensus estimate of $332.05 million.
... MoreBeazer Homes (BZH) Tops Q1 EPS by 10c, Sales Beat
February 4, 2016 6:35 AM ESTBeazer Homes (NYSE: BZH) reported Q1 EPS of $0.03, $0.10 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $344.45 million versus the consensus estimate of $332.05 million.
Increases in both home closings and average selling price (ASP) contributed to substantially higher revenue, Adjusted EBITDA and net income compared to the prior year. Home... More
