Beazer Homes USA (NYSE: BZH ) reported earnings on Jan. 28. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q1), Beazer Homes USA missed estimates on revenues and exceeded expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP earnings per share contracted to a loss.
Gross margins grew, operating margins grew, net margins dropped.
Beazer Homes USA booked revenue of $246.9 million. The seven analysts polled by S&P Capital IQ predicted revenue of $258.0 million on the same basis. GAAP reported sales were 31% higher than the prior-year quarter's $188.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.77. The seven earnings estimates compiled by S&P Capital IQ anticipated -$1.02 per share. GAAP EPS were -$0.84 for Q1 versus $0.05 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 quarter, gross margin was 14.6%, 90 basis points better than the prior-year quarter. Operating margin was -1.5%, 550 basis points better than the prior-year quarter. Net margin was -8.3%, 870 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $244.2 million. On the bottom line, the average EPS estimate is -$1.04.
Next year's average estimate for revenue is $1.20 billion. The average EPS estimate is -$3.56.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 422 members out of 1,062 rating the stock outperform, and 640 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 105 give Beazer Homes USA a green thumbs-up, and 191 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 $16.05.
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