On Jan. 25, homebuilder Beazer Homes
- Revenues fell by 27% to $806.4 million.
- Earnings swung to a loss of $59 million, or $1.54 per share, compared with a profit of $89.9 million, or $2 per share, last year.
- Closings fell 31% in the quarter, while new orders dropped 54% from the year-ago period.
- Beazer has a one-star rating at Motley Fool CAPS.
(Figures in thousands, except per-share data)
Income Statement Highlights
Avg. Est. | Q1 2006 | Q1 2005 | Change | |
|---|---|---|---|---|
Sales | $720,600 | $806,406 | $1,105,616 | (27.1%) |
Net Profit | -- | ($59,006) | $89,913 | N/A |
EPS | $0.46 | ($1.54) | $2.00 | N/A |
Diluted Shares | -- | 38,280 | 45,607 | (16.1%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q1 2006 | Q1 2005 | Change* | |
|---|---|---|---|
Gross Margin | 17.49% | 24.68% | (7.19) |
Operating Margin | (11.73%) | 12.64% | (24.37) |
Net Margin | (7.32%) | 8.13% | (15.45) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets | Q1 2006 | Q1 2005 | Change |
|---|---|---|---|
Cash + ST Invest. | $154,984 | $12,149 | 1175.7% |
Accounts Rec. | No Data | No Data | No Data |
Inventory | $3,574,361 | $3,263,679 | 9.5% |
Liabilities | Q1 2006 | Q1 2005 | Change |
|---|---|---|---|
Accounts Payable | No Data | No Data | No Data |
Long-Term Debt | $1,784,287 | $1,379,487 | 29.3% |
A complete balance sheet was not provided with the press release. Bad move!
Learn the ways of the balance sheet.
Cash Flow Highlights
A cash flow statement was not provided with the press release.
Find out why Fools always follow the money.
Related Companies:
- Centex
- DR Horton
- Hovnanian
(NYSE:HOV) - Lennar
(NYSE:LEN) - Toll Brothers
- Ryland
(NYSE:RYL)
Related Foolishness:
- Foolish Forecast: Beazer's Wheezin'
- Homebuilders Get Comical
- No Housing Bust Here!
- Homebuilders Defying Housing Numbers
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
At the time of publication, Rich Duprey had no positions in any of the companies mentioned in the article. Fool rules are here.
