Beazer Homes USA (BZH) Set to Announce Quarterly Earnings on Wednesday

Beazer Homes USA (NYSE:BZH) is set to issue its quarterly earnings data 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 announced its quarterly earnings data on Thursday, February 1st. The construction company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.01). The company had revenue of $386.80 million for the quarter, compared to the consensus estimate 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 quarterly revenue was down 13.1% compared to the same quarter last year. During the same quarter in the previous 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 Trading Down 0.2 %

NYSE BZH opened at $28.40 on Tuesday. The company’s 50-day simple moving average is $29.88 and its two-hundred day simple moving average is $29.47. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.32 and a current ratio of 13.95. The company has a market capitalization of $896.02 million, a price-to-earnings ratio of 5.62 and a beta of 2.24. Beazer Homes USA has a one year low of $18.50 and a one year high of $35.93.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on BZH shares. StockNews.com upgraded Beazer Homes USA from a “sell” rating to a “hold” rating in a research note on Friday, March 29th. Wedbush boosted their price objective on shares of Beazer Homes USA from $32.00 to $33.00 and gave the company a “neutral” rating in a report on Friday, February 2nd.

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.