Beazer Homes USA (NYSE: BZH ) is expected to report Q3 earnings on Aug. 3. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Beazer Homes USA's revenues will expand 57.9% and EPS will remain in the red.
The average estimate for revenue is $273.0 million. On the bottom line, the average EPS estimate is -$0.33.
Last quarter, Beazer Homes USA reported revenue of $191.6 million. GAAP reported sales were 52% higher than the prior-year quarter's $125.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.48. GAAP EPS were -$0.51 for Q2 versus -$0.73 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 11.1%, 200 basis points worse than the prior-year quarter. Operating margin was -8.6%, 1,280 basis points better than the prior-year quarter. Net margin was -20.8%, 2,200 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.01 billion. The average EPS estimate is -$1.39.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 410 members rating the stock outperform, and 636 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 80 give Beazer Homes USA a green thumbs-up, and 216 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Beazer Homes USA is hold, with an average price target of $4.17.
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